Pennar Industries Reports 24.3% Increase in Consolidated Net Revenue and 13.7% Increase in Consolidated PAT (Excluding Non-recurring Item and Exceptional Item)

/ -- Pennar Industries Limited (PIL), a leading value-added engineering products and solutions company, today announced its audited financial results for the fourth quarter and twelve months ended on March 31, 2019.

Consolidated Financial Highlights - FY2019

Net Revenue at INR 2,160 crore EBITDA at INR 200 crore; EBITDA margin at 9.3% PAT at INR 66.7 crore * Note: FY 2018 EBITDA and profit after tax included exceptional and non-recurring items of approximately Rs 57.1 crore and Rs 31.9 crore respectively. On a like to like comparison, Revenue, EBITDA and net profit for FY2019 are up 24.3%, 12.6% and 13.7% respectively.

Business Highlights - Q4 FY2019

During Q4, PIL continued to receive steady orders across business verticals such as building products, tubes, solar, railways, industrial components and pre-engineered buildings. The order book position for pre-engineered building systems segment was Rs 472 crore as on March 31, 2019. The order book position for water treatment & .