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HomeNewsBusinessPennar Industries’ PAT up 97.2 % at Rs 21 crore in Q3

Pennar Industries’ PAT up 97.2 % at Rs 21 crore in Q3

The city-based value-added engineering products and solutions company said net revenues during the quarter stood at Rs 692.22 crore up 29.9 per cent compared to Rs 532.97 crore in Q3 FY22.

February 08, 2023 / 19:25 IST
Pennar Industries | CMP: Rs 39.65 | The scrip jumped over 5 percent after Pennar Group bagged orders worth Rs 688 crore across its various business verticals. The orders are expected to be executed within the next two quarters.

Pennar Industries Ltd (PIL), on Wednesday said its consolidated profit after tax for the quarter ended December 31 was up by 97.2 per cent at Rs 21.12 crore compared to Rs 10.71 crore in Q3 FY22.

The city-based value-added engineering products and solutions company said net revenues during the quarter stood at Rs 692.22 crore up 29.9 per cent compared to Rs 532.97 crore in Q3 FY22.

For the first nine months period in the current fiscal, the company booked Rs 51.6 crore PAT on Rs 2,226.2 crore net revenue.

PTI
first published: Feb 8, 2023 07:25 pm

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