Pennar Industries Q1 FY2023 Consolidated Net Revenue at INR 699.98 crore, up by 43.35%, PAT at INR 14.08 crore, up by 122.08%

Hyderabad, August 10, 2022: Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, announced its financial results for the first quarter ended on June 30^th, 2022.

Consolidated Financial Highlights – Q1 FY2023

·         Net revenue at INR 699.98 crore compared to Net revenue of INR 488.31 crore in Q1 FY22, up by 43.35%

·         EBITDA at INR 56.05 crore compared to EBITDA of INR 40.08 crore in Q1FY22, up by 39.85%

·         PAT at INR 14.08 crore compared to PAT at INR 6.34 crore in Q1FY22 up by 122.08%