Precision Wires India Ltd is engaged in manufacturing Enamelled Round and Rectangular Copper Winding Wires, Continuously Transposed Conductor, and Paper / Mica / Nomex Insulated Copper Conductor. The Company primarily supplies to the OEM sector and to various industries like power, auto, consumer durables, transformers, construction etc. It is the largest producer of Winding Wires in South Asia.
Financial Results:
Precision Wires India Ltd reported Revenues for Q1FY24 of ₹803.00 Crores down from ₹826.00 Crore year on year, a fall of 2.78%.
Total Expenses for Q1FY24 of ₹780.00 Crores down from ₹804.00 Crores year on year, a fall of 2.99%.
Consolidated Net Profit of ₹17.00 Crores from ₹17.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.93, down 4.12% from ₹0.97 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.