Precision Camshafts profits rebound on domestic growth, cost controls
Precision Camshafts Limited announced a net profit of INR 25.6 crores for the quarter ended June 30, 2025. This turnaround is from a loss of INR 34 crores in the previous quarter and a profit of INR 18 crores in the corresponding quarter of FY'25. This improvement is attributed to growth in the domestic market, effective cost management, and the absence of impairment impacts. Consolidated income increased by 10.7% quarter-on-quarter to INR 221 crores, with EBITDA for the quarter rising by 16% to INR 41 crores.
The company's subsidiary MEMCO reported a profit of approximately INR 7 lakhs, with total income reaching INR 13 crores, up from INR 11.1 crores. However, the e-mobility subsidiary EMOSS in the Netherlands continues to face headwinds, with revenues of approximately INR 16 crores, impacted by reduced customer forecasts. In contrast, Precision Camshafts' e-mobility efforts in India are expanding, securing new orders for converting diesel vehicles to 100% electric in key cities and progressing with electric heavy commercial vehicle development.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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