Here are a few key highlights about the company:
✅Founded in February 2009, Gala Precision Engineering Limited specializes in manufacturing precision components, including disc and strip springs (DSS), coil and spiral springs (CSS), and special fastening solutions (SFS), catering primarily to original equipment manufacturers (OEMs).
✅The company's products are widely used in sectors like electrical, off-highway equipment, infrastructure, general engineering, and mobility segments, including automotive and railway industries.
✅The company saw a 22% increase in revenue, from ₹167.08 Crore in FY2023 to ₹204.38 Crore in FY2024.
✅Profit after tax (PAT) decreased by 8%, from ₹24.21 Crore in FY2023 to ₹22.33 Crore in FY2024.