Pclindia: Precision Camshafts Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023

Precision Camshafts Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,577.14 million compared... Precision Camshafts Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 2,577.14 million compared to INR 2,778.83 million a year ago. Revenue was INR 2,709.32 million compared to INR 2,983.37 million a year ago. Net income was INR 244.65 million compared to INR 177.99 million a year ago. Basic earnings per share from continuing operations was INR 2.58 compared to INR 1.87 a year ago. Diluted earnings per share from continuing operations was INR 2.58 compared to INR 1.87 a year ago. For the nine months, sales was INR 7,749.43 million compared to INR 8,015.74 million a year ago. Revenue was INR 8,009.31 million compared to INR 8,263.25 million a year ago. Net income was INR 370.03 million compared to INR 351.77 million a year ago. Basic earnings per share from continuing operations was INR 3.9 compared to INR 3.7 a year ago. Diluted earnings per share from continuing operations was INR 3.9 compared to INR 3.7 a year ago.