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Precision Camshafts Ltd Q1FY24; 2% fall in Profits

Incorporated in 1992, Precision Camshafts Limited is manufacturer and supplier of camshafts in India and globally. It supplies more than 150 varieties of camshafts for passenger vehicles, tractors, light commercial vehicles and locomotive engine applications.

Financial Results:

Precision Camshafts Ltd reported Revenues for Q1FY24 of ₹262.77 Crores up from ₹240.00 Crore year on year, a rise of 9.49%.

Total Expenses for Q1FY24 of ₹261.52 Crores up from ₹233.81 Crores year on year, a rise of 11.85%.

Consolidated Net Profit of ₹4.11 Crores down 1.91% from ₹4.19 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.43, down 2.27% from ₹0.44 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Camshaft
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