Pennar Industries' Q2 FY2022 Consolidated Net Revenue at INR 551.70 crore, EBITDA at INR 43.49 crores.

Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, has 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.

Shares of Pennar Industries Limited was last trading in BSE at Rs. 29.80 as compared to the previous close of Rs. 28.75. The total number of shares traded during the day was 155128 in over 900 trades.

The stock hit an intraday high of Rs. 30.60 and intraday low of 28.10. The net turnover during the day was Rs. 4552431.00.

Source : Equity Bulls

Keywords

PennarIndustriesLimited INE932A01024 PENIND Q2FY22 ResultUpdate