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Pennar Industries slips 5% as Q4 results lag estimates

The company posted a 41 percent jump in March quarter net profit at Rs 23.34 crore, but lagged estimates. ....

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Pennar Industries clocks net revenue at Rs 412 crore in Q3


Pennar Industries clocks net revenue at Rs 412 crore in Q3
ANI |
Updated: Feb 13, 2021 12:13 IST
Hyderabad (Telangana) [India], February 13 (ANI): Engineering products and solutions company Pennar Industries has reported consolidated net revenue of Rs 412 crore in Q3 FY21, up by 5.5 per cent from Rs 390 crore in the quarter of previous fiscal.
It posted earnings before interest, taxes, depreciation and amortisation (EBITDA) at Rs 37.5 crore, which is higher by nearly 15 per cent from Rs 32.7 crore in Q3 FY20.
The profit after tax after minority interest was Rs 2.6 crore compared to Rs 24 lakh in the same period.
The company said Ascent Buildings LLC, a wholly-owned subsidiary of Pennar Global Inc, will invest 4.9 million dollars (about Rs 36 crore) for setting up a pre-engineered building (PEB) plant in the United States. ....

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