The company received an order worth Rs 102 crore in November and has a major structural steel order from Kannur International Airport, Kerala. The overall order book of Pennar Industries stands at Rs 460 crore currently.
In an interview to CNBC-TV18, Nirupender Rao, chairman of Pennar Industries says, the company expects Rs 1,500 revenue on a consolidated basis in FY12.
Nirupender Rao, chairman of Pennar Industries Limited which sources steel from JSW talks to CNBC-TV18 of the difficulties and the way ahead for the company.