Home Melange Pennar Industries’ Q2 FY2022 Consolidated Net Revenue at INR 551.70 crore, EBITDA reached at INR 43.49 crores

Pennar Industries’ Q2 FY2022 Consolidated Net Revenue at INR 551.70 crore, EBITDA reached at INR 43.49 crores

by PrittlePrattleNews

Hyderabad, November 10, 2021: Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, today announced its financial results for the second quarter ended on September 30th, 2021.

Consolidated Financial Highlights – Q2 FY2022 VS Q2FY2021

Net revenue at INR 551.70 crore compared to Net revenue of INR 390.44 crore in Q2 FY21,up by 41.30%. EBITDA at INR 43.49 crore compared to EBITDA of INR 32.67 crore in Q2 FY21,up by 33.12%. PAT after minority interest at INR 8.15 crore compared to PAT after minority interest at INR 0.24 crore in Q2 FY21,up by 3295.83%

Consolidated Financial Highlights – HY FY2022 VS HYFY2021

Net revenue at INR 1040.01 crore compared to Net revenue of INR 556.63 crore in HY FY21,up by 86.84%
EBITDA at INR 83.57 crore compared to EBITDA of INR 19.40 crore in HY FY21,up by 330.77%
PAT after minority interest at INR 15.26 crore compared to loss after minority interest at INR 33.81 crore in HY FY21.

Business Highlights:

The Company has healthy order-book positions through the quarter. Order book position as on 1st Nov 2021 for PEBS is Rs 365 crore, Enviro Rs 35 crore, and Railways Rs 130 crore.

About Pennar Industries Limited:

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 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 Eight manufacturing plants located at Patancheru, Sadashivpet, lsnapur, Velchal, and Mallapur near Hyderabad, Chennai in Tamil Nadu and Tarapur in Maharashtra.

This news was shared to Prittle Prattle News via press release.

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