Pennar Industries Limited (PIL) value-added engineering products and solutions company, having its presence in the automotive, rail and aerospace, infrastructure, and energy sectors. The company recorded gross sales of INR 2,500+Cr in the fiscal year ending March 2022. The company believes in sustainable profitability, liquidit and growth. The company announced its financial results for the second quarter ended on September 30th, 2022.
The Consolidated Financial Highlights for Q2 FY2023 where the net revenue at INR 833.99 crore compared to INR 551.70 crore in Q2 FY22, up by 51.17%. The EBITDA stood at INR 61.81 crore compared to INR 43.49 crore in Q2 FY22, up by 42.12%. The PAT at INR 16.38 crore compared to INR 8.14 crore in Q2 FY22, up by 101.23%.
The Consolidated Financial Highlights For HY FY2023 where the net revenue stood at INR 1,533.97 crore compared to INR 1,040.01 crore in HY FY22, up by 47.50% The EBITDA at INR 117.86 crore compared to INR 83.57 crore in HY FY22, up by 41.03% PAT at INR 30.46 crore compared to INR 14.48 crore in HY FY22, up by 110.36%.
