Pennar Industries sees 21% surge in quarterly profit despite declining revenue

Pennar Industries sees 21% surge in quarterly profit despite declining revenue

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 […]