Pitti Engg. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 13 June 2024 .Powered by Capital Market - Live News

Pitti Engg. announced that the Board of Directors of the Company at its meeting held on 15 May 2024, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Pitti Engineering rose 62.51% to Rs 40.35 crore in the quarter ended March 2024 as against Rs 24.83 crore during the previous quarter ended March 2023. Sales rose 32.48% to Rs 327.88 crore in the quarter ended March 2024 as against Rs 247.50 crore during the previous quarter ended March 2023.For the full year,net profit rose 53.31% to Rs 90.19 crore in the year ended March 2024 as against Rs 58.83 crore during the previous year ended March 2023. Sales rose 9.22% to Rs 1201.60 crore in the year ended March 2024 as against Rs 1100.17 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales327.88247.50 32 1201.601100.17 9 OPM %14.8316.39 -14.7913.76 - PBDT66.4346.44 43 175.93124.56 41 PBT52.4133.68 56 121.9179.91 53 NP40.3524.83 63 90.1958.83 53 Powered by Capital Market - Live News

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 15 May 2024Powered by Capital Market - Live News

The Board of Pitti Engineering (PEL) at its meeting held on 11 March 2024 has approved the secondary acquisition of 100% of the equity share capital of Bagadia Chaitra Industries. The proposed acquisition would help PEL in broadening its presence in South India. It enables greater market penetration and provides entry into new end-use sectors. Powered by Capital Market - Live News