Precot Ltd Share Price – NSE  /  BSE

Textiles, Small Cap

Precot announced that the 62th Annual General Meeting (AGM) of the company will be held on 20 August 2024.

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Net profit of Precot reported to Rs 12.14 crore in the quarter ended March 2024 as against net loss of Rs 8.90 crore during the previous quarter ended March 2023. Sales rose 7.22% to Rs 248.59 crore in the quarter ended March 2024 as against Rs 231.86 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 16.78 crore in the year ended March 2024 as against net loss of Rs 26.02 crore during the previous year ended March 2023. Sales rose 1.53% to Rs 932.70 crore in the year ended March 2024 as against Rs 918.69 crore during the previous year ended March 2023.

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Precot announced that the Board of Directors of the Company at its meeting held on 23 May 2024, has recommended a Final dividend of Rs.1.5 per share (i.e.15%), subject to the approval of the shareholders.

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Precot will hold a meeting of the Board of Directors of the Company on 23 May 2024

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