Press Release

Pennar Industries’ FY2023 Consolidated Net Revenue at INR 2,894.62 crore, up by 27.76% PAT at INR 75.43 crore, up by 79.98%.

Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, today announced its financial results for the fourth quarter and year ended on March 31st, 2023.

Consolidated Financial Highlights – FY2023

  • Net revenue at INR 2,894.62 crore compared to INR 2,265.75 crore in FY22, up by 27.76%.
  • EBITDA at INR 254.62 crore compared to INR 188.42 crore in FY22, up by 35.13%.
  • PAT at INR 75.43 crore compared to INR 41.91 crore in FY22, up by 79.98%.

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