Precision Electronics Ltd — Updates, 31-05-2025: Company Update

Precision Electronics Limited has announced a board meeting to approve the financial results for the quarter and half-year ended March 31, 2025. The company reported total income of Rs. 1,825 lakh and a net loss after tax of Rs. 0.42 lakh for the quarter. Earnings per share stood at a negative Re. 0.01 for the quarter. The board has also extended the closure date for a rights issue scheduled to raise up to Rs. 49.68 Cr, providing shareholders additional time to subscribe. This update is important for shareholders monitoring the company's financial health and upcoming capital raising.