Net profit of Pennar Industries rose 19.93% to Rs 30.45 crore in the quarter ended December 2024 as against Rs 25.39 crore during the previous quarter ended December 2023. Sales rose 12.75% to Rs 839.72 crore in the quarter ended December 2024 as against Rs 744.75 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales839.72744.75 13 OPM %9.7110.20 - PBDT57.0450.62 13 PBT39.7833.07 20 NP30.4525.39 20 Powered by Capital Market - Live News

Pennar Industries will hold a meeting of the Board of Directors of the Company on 14 February 2025.Powered by Capital Market - Live News

Pennar Industries has executed a joint venture agreement with Zetwerk Manufacturing Businesses and Others on 31 December 2024 for incorporation of a joint venture company. The proposed joint venture company will be formed to carry on the business of manufacturing and sale of solar modules, including the development and operation of the manufacturing unit.The shareholding in the proposed joint venture company is as under:1. Zetwerk Manufacturing Businesses - 50.1%2. Pennar Industries - 45.0%3. Others - 4.9%Powered by Capital Market - Live News

Pennar Industries will hold a meeting of the Board of Directors of the Company on 12 December 2024.Powered by Capital Market - Live News

Net profit of Pennar Industries rose 19.17% to Rs 26.85 crore in the quarter ended September 2024 as against Rs 22.53 crore during the previous quarter ended September 2023. Sales declined 8.17% to Rs 747.61 crore in the quarter ended September 2024 as against Rs 814.13 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales747.61814.13 -8 OPM %10.078.63 - PBDT53.4946.29 16 PBT36.0529.73 21 NP26.8522.53 19 Powered by Capital Market - Live News