ALPHA TRIBE

Precot LimitedBoard Meeting, 23-05-2025: Outcome of Board Meeting

23-05-2025 | 01:34 pm

Precot Limited has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue rose to ₹872.51 Cr from ₹849.82 Cr last year, while profit before tax jumped sharply to ₹67.91 Cr versus ₹25.42 Cr, fueled by improved operational efficiency. The company incurred a loss from discontinued operations after closing one spinning unit and settling related employee costs. A final dividend of ₹3 per share has been approved. Net cash from operations stayed robust at ₹115.78 Cr despite ongoing capacity expansion investments.

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