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Pennar Industries’ Q3 FY2022 Consolidated Net Revenue at INR 532.97 Cr up by 29.38%

Pennar Industries' EBITDA is registered at INR 46.94 Cr up by 25.05%, PAT at INR 10.71 Cr up by 292.30%, Cash PAT at INR 24.06 Cr up by 61.91%.

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Consolidated Financial Highlights – Q3 FY2022

·         Net revenue at INR 532.97 cr compared to INR 411.93 cr in Q3 FY21, up by 29.38%

·         EBITDA at INR 46.94 cr compared to INR 37.53 cr in Q3 FY21, up by 25.05%

·         PAT at INR 10.71 cr compared to INR 2.73 cr in Q3 FY21, up by 292.30%

·         Cash PAT INR 24.07 cr compared to INR 14.86 cr in Q3FY21, up by 61.91%

Consolidated Financial Highlights – NME FY2022

·         Net revenue at INR 1,572.98 cr compared to INR 968.56 cr in NME FY21, up by 62.40%

·         EBITDA at INR 130.51 cr compared to INR 56.93 cr in NME FY21, up by 129.23%

·         PAT at INR 25.19 cr compared to loss of INR – 30.74 cr in NME FY21, up by 181.91%

·         Cash PAT at INR 64.07 cr compared to INR 5.64 cr in NME FY21, up by 1035.82%

Pennar Industries (NSE: PENIND, BSE: 513228) is India’s leading value-added engineering products and solutions company. The Company has a strong presence across growth sectors in India through business units Railways, Tubes, Industrial Components, Steel Products, PEB, Enviro and its subsidiary companies, Pennar Global Inc. and Enertech Pennar Defense and Engineering Systems Pvt. Ltd. Pennar’s all the manufacturing units are ISO 9001:2008-certified and the Company has presence across 10 industry verticals. Pennar has over 30 years of rich experience and more than 1,000 precision-engineered products, 2,500 tools and dies, over 600 customers and seven manufacturing plants located at Patancheru, Sadashivpet, lsnapur, Velchal, and Mallapur near Hyderabad, Chennai in Tamil Nadu and Tarapur in Maharashtra. For more information, please visit www.pennarindia.com

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