Latest news with #Investment&PrecisionCastings
Business Standard
15-07-2025
- Business
- Business Standard
Investment & Precision Castings wins order from PLR Systems
Investment & Precision Castings has been awarded a contract by PLR Systems for the supply of precision investment castings components for the defense sector. PLR Systems is a joint venture between the Adani Group and Israel Weapon Industries (IWI), specializing in manufacturing small arms and associated defense equipment. This entity is known for producing renowned weapons such as the TAVOR Assault Rifle, X95 Assault Rifle, GALIL Sniper Rifle, NEGEV Light Machine Gun, and UZI Sub Machine Gun, which are extensively used by the Indian Armed Forces and Central Armed Police Forces.
Business Standard
22-05-2025
- Business
- Business Standard
Investment & Precision Castings consolidated net profit rises 171.43% in the March 2025 quarter
Sales rise 7.18% to Rs 41.93 crore Net profit of Investment & Precision Castings rose 171.43% to Rs 1.90 crore in the quarter ended March 2025 as against Rs 0.70 crore during the previous quarter ended March 2024. Sales rose 7.18% to Rs 41.93 crore in the quarter ended March 2025 as against Rs 39.12 crore during the previous quarter ended March 2024. For the full year,net profit declined 22.21% to Rs 6.06 crore in the year ended March 2025 as against Rs 7.79 crore during the previous year ended March 2024. Sales declined 3.03% to Rs 162.55 crore in the year ended March 2025 as against Rs 167.63 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 41.9339.12 7 162.55167.63 -3 OPM % 14.4313.32 - 13.8415.09 - PBDT 4.593.33 38 16.5019.29 -14 PBT 2.561.33 92 8.3811.47 -27 NP 1.900.70 171 6.067.79 -22
