Audited Financial Results for the Quarter and Year Ended on March 31, 2026
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Precision Electronics Ltd reported total income of Rs 7,873.79 lakh for FY2026, up from Rs 4,748.38 lakh in FY2025 — a revenue increase of approximately 66%, indicating strong top-line growth. The company turned profitable with profit after tax of Rs 26.74 lakh compared to a net loss of Rs 57.64 lakh in the prior year. Finance costs rose significantly to Rs 304.02 lakh (vs Rs 250.12 lakh), reflecting higher debt levels. Statutory auditors M/s Nemani Garg Agarwal & Co. issued an unmodified (clean) opinion, and the company appointed M/s Rajendra K Goel & Company as the new internal auditor. The board also noted plans to shift manufacturing operations from Noida to Faridabad.
The company has shown a strong recovery from a loss-making position to modest profitability, supported by near-doubling of revenue. However, thin profit margins and rising finance costs warrant close monitoring. The clean audit opinion is positive for investor confidence.