{"id":157104,"date":"2023-12-06T02:33:45","date_gmt":"2023-12-06T07:33:45","guid":{"rendered":"https:\/\/44.250.171.167\/?p=157104"},"modified":"2023-12-06T02:33:47","modified_gmt":"2023-12-06T07:33:47","slug":"precision-camshafts-ltd-q2fy24-36-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/precision-camshafts-ltd-q2fy24-36-fall-in-profits\/","title":{"rendered":"Precision Camshafts Ltd Q2FY24; 36% fall in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Precision Camshafts Ltd reported Revenues for Q2FY24 of \u20b9254.46 Crores down from \u20b9283.69 Crore year on year, a fall of 10.3%.<\/p>\n\n\n\n<p>Total Expenses for Q2FY24 of \u20b9249.17 Crores down from \u20b9270.51 Crores year on year, a fall of 7.89%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b98.43 Crores down 36.09% from \u20b913.19 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.89, down 35.97% from \u20b91.39 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34-839x1024.png\" alt=\"\" class=\"wp-image-157105\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/app.asai.alphastreet.io\/test-drive\/dashboard?utm_source=IN_WordPress&amp;utm_medium=IN_WordPress&amp;utm_campaign=IN_WordPress&amp;utm_id=IN_WordPress\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"870\" height=\"321\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/ASAI-Product-2.gif\" alt=\"\" class=\"wp-image-157002\"\/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b9254.46 Crores down from \u20b9283.69 Crore year on year, a [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":157105,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[13559,13560,10052],"class_list":["post-157104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-light-commercial-vehicle","tag-locomotive-engines","tag-tractors"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/12\/image-34.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":152638,"url":"https:\/\/alphastreet.com\/india\/precision-camshafts-ltd-q1fy24-2-fall-in-profits\/","url_meta":{"origin":157104,"position":0},"title":"Precision Camshafts Ltd Q1FY24; 2% fall in Profits","author":"Karan_Singh","date":"August 10, 2023","format":false,"excerpt":"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 \u20b9262.77 Crores up from \u20b9240.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-655.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156259,"url":"https:\/\/alphastreet.com\/india\/jk-tyre-398-rise-in-profits\/","url_meta":{"origin":157104,"position":1},"title":"JK Tyre &#038; Industries Ltd Q2FY24; 398% rise in Profits","author":"Hardik Bhandare","date":"November 15, 2023","format":false,"excerpt":"JK Tyre & Industries is the flagship company of the JK group which is headed by Dr R P Singhania as its chairman and managing director. It is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-197.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":155629,"url":"https:\/\/alphastreet.com\/india\/mahindra-42-fall-in-profits\/","url_meta":{"origin":157104,"position":2},"title":"Mahindra &#038; Mahindra Financial Services Ltd Q2FY24; 42% fall in Profits","author":"Hardik Bhandare","date":"November 1, 2023","format":false,"excerpt":"Mahindra & Mahindra Financial Services Limited (MMFSL), a part of the Mahindra Group,is a NBFC primarily engaged in the business of financing purchase of new and pre-owned auto and utility vehicles, tractors, cars, commercial vehicles, construction equipment and SME Financing. 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PRECAM is also in the process of setting up its first EV plant setup on Sholapur\u2026","rel":"","context":"In &quot;Concall Highlights&quot;","block_context":{"text":"Concall Highlights","link":"https:\/\/alphastreet.com\/india\/category\/earnings-call-highlights\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":155901,"url":"https:\/\/alphastreet.com\/india\/vst-tillers-tractors-ltd-q2fy24-57-rise-in-profits\/","url_meta":{"origin":157104,"position":4},"title":"VST Tillers Tractors Ltd Q2FY24; 57% rise in Profits","author":"Chirag Gupta","date":"November 7, 2023","format":false,"excerpt":"VST Tillers Tractors Ltd. was established in the year 1967 by the VST Group of companies, a well-known century-old business house in South India. The founder of the group was Sri V.S. Thiruvengadaswamy Mudaliar. VST Tillers Tractors Ltd. was promoted by VST Motors as a joint venture since 1966 with\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-96.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156277,"url":"https:\/\/alphastreet.com\/india\/sml-isuzu-ltd-q2fy24-22-rise-in-revenue\/","url_meta":{"origin":157104,"position":5},"title":"SML ISUZU Ltd Q2FY24; 22% rise in Revenue","author":"Chirag Gupta","date":"November 15, 2023","format":false,"excerpt":"SML ISUZU LIMITED was incorporated as Swaraj Vehicles Ltd in 1983 and was promoted by Punjab Tractors Ltd with technical collaboration Mazda Motor Corporation, Japan, and Sumitomo Corporation, Japan. 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