'
Pricol
hosted a conference call on May 16, 2025. In the conference call, the company
was represented: Mr. Vikram Mohan – Managing Director, Mr. P.M. Ganesh - Chief
Executive Officer & Executive Director, and Mr. Priyadarsi Bastia - Chief
Financial Officer.
Key takeaways of the call
In
Q4 FY25, Pricol Precision Products (a wholly owned subsidiary of Pricol) has
acquired the Injection Moulded Plastic Component Solutions Division of Sundaram
Auto Components on a slump sale basis for Rs 215.3 crore on 31 January 2025.
The dollar
strengthened sharply in this quarter, resulting in a significant impact.
However, this is not a loss of earnings, but rather a deferred recognition of
earnings, which is expected to be recovered within the next six months.
The company has
made substantial investments in R&D and has increased its R&D workforce
to begin the development of products for the...
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