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 Q2FY24 of ₹829.00 Crores up from ₹726.00 Crore year on year, a rise of 14.19%.
Total Expenses for Q2FY24 of ₹807.00 Crores up from ₹706.00 Crores year on year, a rise of 14.31%.
Consolidated Net Profit of ₹16.00 Crores up 6.67% from ₹15.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹0.92, up 9.52% from ₹0.84 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.