Precision Camshafts Limited — Investor Meet, 28-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates
28-08-2025 | 12:23 pm
28-08-2025 | 12:23 pm
Precision Camshafts reported a net profit of Rs. 25.6 Cr in Q1 FY26, a significant turnaround from last quarter's loss, fueled by strong domestic growth and cost efficiencies. Standalone income rose 11.2% QoQ to Rs. 164 Cr, with consolidated income reaching Rs. 221 Cr. While European businesses, including EMOSS and MFT, face severe demand challenges, India's performance is robust. The company secured new domestic orders for hundreds of diesel-to-electric vehicle conversions, with first Heavy Commercial EVs expected by year-end. Management conveyed cautious optimism, emphasizing India's strength in offsetting global headwinds.
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