Pennar Industries
Pennar Industries' PAT up by 97.2% at Rs 21 crores in December quarter
Pennar Industries Ltd (PIL), on Wednesday said its consolidated profit after tax for the quarter ended December 31 was up by 97.2 per cent at Rs 21.12 crore compared to Rs 10.71 crore in Q3 FY22. The city-based value-added engineering products and solutions company said net revenues during the quarter stood at Rs 692.22 crore up 29.9 per cent compared to Rs 532.97 crore in Q3 FY22. For the first nine months period in the current fiscal, the company booked Rs 51.6 crore PAT on Rs 2,226.2 crore net revenue.
 "Pennar Industries' PAT up by 97.2% at Rs 21 crores in December quarter")
Stocks to Watch: RIL, HUL, Dr.Reddy's, PNB Housing, Future Retail, Banks
Reliance Industries is likely to be in limelight as the company is looking to take advantage of the surging diesel demand in Europe in the backdrop of Russia-Ukraine conflict.
 "Stocks to Watch: RIL, HUL, Dr.Reddy's, PNB Housing, Future Retail, Banks")
Pennar Industries to nearly triple hydraulic cylinder production capacity
The company is building a new plant that will be equipped to produce 150,000 cylinders a year, with scope to expand up to 200,000 units as demand increases
 "Pennar Industries to nearly triple hydraulic cylinder production capacity")
Engineering solutions firm Pennar Industries wins contracts worth Rs 255 cr
Specialised engineering steel solutions provider Pennar Industries today said it has won contracts worth Rs 255 crore across its business units. The orders include module mounting structures from Adani Power, Larsen & Toubro, Sterling & Wilson, Azure, Renew, Amplus and Asian Fabtech among others, Pennar Industries said in a statement. The company said its systems & projects unit has received "order for under frames from Integral Coach Factory and Modern Coach Factory". Pennar Engineered Building Systems received order from a cement company for its building at Dolvi besides contract from a paint company for its factory at Bellary. The other orders are from IKEA for its distribution centre at Hyderabad, Azure Power for its module structures at Kalwakurthy, Toyo engineering for fertilisers unit at Kota and Berger Paints for a warehouse near Kolkata. It also bagged Water Treatment Filters order from Doosan Hydro (USA) besides order for sewage treatment plant and water ...
 "Engineering solutions firm Pennar Industries wins contracts worth Rs 255 cr")
