Precision Wires India Ltd. has reported its Q2 FY25 financial results, showing significant improvements across key metrics, reflecting a robust operational performance.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: ₹1,037.75 crore, up 25.8% Year-over-Year (YoY) from ₹825.28 crore in Q2 FY24, and an increase of 8.9% Quarter-over-Quarter (QoQ) from ₹952.14 crore in Q1 FY25.
- Total Revenue: ₹1,043.79 crore, representing a YoY growth of 26.3% from ₹826.94 crore in Q2 FY24.
- Profit Before Tax (PBT): ₹25.87 crore, up by 16.1% YoY from ₹22.29 crore in Q2 FY24.
- Profit After Tax (PAT): ₹19.26 crore, showing a YoY increase of 17.9% compared to ₹16.34 crore in Q2 FY24.
Analysis:
The quarterly performance of Precision Wires reflects its effective management and strong demand in its sector. The increase in revenue and profit margins indicates a growing market presence and operational efficiency. These positive financial metrics are likely to strengthen investor confidence in the company’s long-term growth trajectory.
