Pennar Industries Limited (PIL), a major player in India’s engineering sector, reported robust growth in profit for Q2 FY25, despite a decline in revenue. The company disclosed a net profit increase of 20.17% year-over-year, reaching INR 26.87 crore, while pre-tax profit (PBT) rose by 21.26% to INR 36.05 crore. However, consolidated total income dropped by […]
Pennar Industries Limited (PIL), a prominent player in the engineering products and solutions sector, is set to bolster its manufacturing capabilities with a new facility in Raebareli, Uttar Pradesh. Scheduled to commence operations in Q2 2024, this strategic expansion is aimed at enhancing the company’s production capacity and market reach in Northern and Eastern India. […]
