Announced Wed, 12 Aug · 17:27 IST
Board OKs Q1 loss, plans to sell Noida property, shifts segment to Defence
Price
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Price reaction · full curve 14 horizons · vs prior close
-8.3%1-day move
₹200.50
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
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AI summary
Precision Electronics posted a Q1 FY27 loss of Rs 235.88 lakh versus a Rs 28.27 lakh loss a year ago, as operating revenue fell to Rs 1,328 lakh from Rs 2,226 lakh, a drop of about 40 percent. The board approved selling the Noida land and building, about 4,732 sqm, which contributed 99.99 percent of FY26 revenue, with operations shifting to Faridabad. The company also changed its reportable segment from Telecom to Defence.
Likely market impact
Asset sale may unlock value but revenue base is shrinking and losses are widening. Segment shift signals a strategic pivot to Defence. Await sale price and shareholder vote.