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Precision Camshafts Ltd Q2FY24; 36% 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 Q2FY24 of ₹254.46 Crores down from ₹283.69 Crore year on year, a fall of 10.3%.

Total Expenses for Q2FY24 of ₹249.17 Crores down from ₹270.51 Crores year on year, a fall of 7.89%.

Consolidated Net Profit of ₹8.43 Crores down 36.09% from ₹13.19 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.89, down 35.97% from ₹1.39 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.

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