Precision Camshafts announced that the 32th Annual General Meeting(AGM) of the company will be held on 26 July 2024.Powered by Capital Market - Live News

Net profit of Precision Camshafts declined 69.85% to Rs 3.35 crore in the quarter ended March 2024 as against Rs 11.11 crore during the previous quarter ended March 2023. Sales declined 8.03% to Rs 256.19 crore in the quarter ended March 2024 as against Rs 278.57 crore during the previous quarter ended March 2023.For the full year,net profit declined 12.83% to Rs 40.35 crore in the year ended March 2024 as against Rs 46.29 crore during the previous year ended March 2023. Sales declined 4.54% to Rs 1031.14 crore in the year ended March 2024 as against Rs 1080.14 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales256.19278.57 -8 1031.141080.14 -5 OPM %8.468.80 -9.7210.24 - PBDT25.0729.92 -16 123.46135.51 -9 PBT4.8211.31 -57 41.8860.28 -31 NP3.3511.11 -70 40.3546.29 -13 Powered by Capital Market - Live News

Precision Camshafts announced that the Board of Directors of the Company at its meeting held on 23 May 2024, has recommended a Final dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.Powered by Capital Market - Live News

The Board of Precision Camshafts at its meeting held on 23 May 2024 has decided to shift the registered office of the Company from E 102/103 MIDC AKKALKOT ROAD, SOLAPUR, Maharashtra, India, 413006 to D5 M.I.D.C. Chincholi, Solapur, Maharashtra, India, 413255, subject to the approval of the members in the ensuing Annual General Meeting of the Company. Powered by Capital Market - Live News

Precision Camshafts will hold a meeting of the Board of Directors of the Company on 23 May 2024Powered by Capital Market - Live News