Precision Wires India Limited — Board Meeting, 22-03-2025: Outcome of Board Meeting

The board has approved a final dividend of ₹10 per share, resulting in a total payout of ₹200 Cr. Consolidated financial results show a revenue increase of 15% year-over-year, reaching ₹1,500 Cr, while net profit surged to ₹300 Cr, marking a 20% rise. The board also greenlit a strategic investment of ₹50 Cr in technology upgrades to boost operational efficiency. Additionally, plans for acquiring a smaller competitor were discussed, aiming to enhance market share and diversify offerings.