Auto-component maker's strong performance indicates robust demand in core markets. Company manufactures dashboards and other systems for various vehicle types across multiple facilities.
31 Jul 2024 | 4032 Views | By Shahkar Abidi
Pricol Ltd posted a strong start to the fiscal year, with net profit surging 42.65% year-on-year to Rs 45.56 crore in the first quarter. Revenue from operations also climbed 15.5% to Rs 602.91 crore. The auto-component maker’s performance suggests robust demand conditions in its core markets.
Coimbatore-basd Pricol Limited, ...
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Pricol Ltd posted a strong start to the fiscal year, with net profit surging 42.65% year-on-year to Rs 45.56 crore in the first quarter. Revenue from operations also climbed 15.5% to Rs 602.91 crore. The auto-component maker’s performance suggests robust demand conditions in its core markets.
Coimbatore-basd Pricol Limited, a dashboard manufacturer, offers components such as driver information system and connected vehicle solutions and actuation, control and fluid management systems catering to leading automotive OEMs in two / three-wheeler, passenger vehicles, commercial vehicles, farm equipment and offroad vehicles across India and in international markets with 2000+ product variants.
The company has eight manufacturing facilities across Coimbatore, Manesar, Pantnagar, Pune, Satara and Sri City in India, one manufacturing plant in Jakarta, Indonesia with three international offices in Tokyo, Singapore and Dubai.