Pennar Industries Q3 net profit up multi-fold

Hyderabad: Hyderabad-based Pennar Industries Limited (PIL), a value-added engineering products and solutions company, reported a net profit of Rs 10.71 crore for the quarter ended December 31, 2021, compared to Rs 2.73 crore in Q3 FY21. The company’s net revenue stood at Rs 532.97 crore during the quarter under review compared to Rs 411.93 crore […]

Hyderabad: Hyderabad-based Pennar Industries Limited (PIL), a value-added engineering products and solutions company, reported a net profit of Rs 10.71 crore for the quarter ended December 31, 2021, compared to Rs 2.73 crore in Q3 FY21.

The company’s net revenue stood at Rs 532.97 crore during the quarter under review compared to Rs 411.93 crore in Q3 FY21, up by 29.38 per cent.

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Pennar’s EBITDA stood at Rs 46.94 crore compared to Rs 37.53 crore in Q3 FY21, up by 25.05 per cent.

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