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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.
Board approved Q3 & 9-month financial results. Standalone 9-month results show a `57.76 Cr` impairment loss due to MFT Germany's insolvency. Consolidated 9-month profit includes a `9.35 Cr` gain from MFT de-consolidation and a `7.54 Cr` FCTR reversal.
Precision Camshafts Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company submitted a revised Annual Secretarial Compliance Report for FY25, which remains clean, reflecting no compliance concerns. No new operational updates or business developments were disclosed.
Precision Camshafts reported consolidated revenue of ₹865.36 Cr, down from ₹1,031.14 Cr year-on-year, while profit before tax rose to ₹83.13 Cr from ₹60.17 Cr, boosted by ₹33.69 Cr in compensation received, partially offset by impairment charges. Standalone revenue stood at ₹612 Cr with profit before tax of ₹36.51 Cr. The...
Consolidated financial results reflect a total revenue of ₹69,745.79 crore for the quarter, a decrease of 11.9% compared to ₹78,145.86 crore in the previous quarter, but an increase of 19.3% year-over-year from ₹58,507.73 crore. Key drivers for this growth include improved demand in the auto components sector and effective market...
The company has informed that its Registrar and Share Transfer Agent has changed its name from 'Link Intime India Private Limited' to 'MUFG Intime India Private Limited' effective from the end of December 2024. This change does not affect the address or other contact details, which will remain the same....