Pennar Industries Reports Q3 FY24 Revenue of INR 744.75 Cr

Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, today announced its financial results for the Quarter and Nine months ended on December 31^st, 2023.

Consolidated Financial Highlights – Q3 FY24

· Net revenue at INR 744.75 crore compared to INR 692.22 crore in Q3 FY23, up by 7.59%.

· EBITDA at INR 82.09 crore compared to INR 66.00 crore in Q3 FY23, up by 24.38%.

· PBT at INR 33.07 crore compared to INR 27.54 crore in Q3 FY23, up by 20.08%.

· PAT at INR 25.37 crore compared to INR 21.12 crore in Q3 FY23, up by 20.12%.

Consolidated Financial Highlights – NME FY24

· Net revenue at INR 2,307.77 crore compared to INR 2,226.19 crore in NME FY23, up by 3.66%.

· EBITDA at INR 231.97 crore compared to INR 183.86 crore in NME FY23, up by 26.17%.

· PBT at INR 92.25 crore compared to INR 67.81 crore in NME FY23, up by 36.04%.

· PAT at INR 69.54 crore compared to INR 51.58 crore in NME FY23, up by 34.82%.