Pennar Industries is engaged in the manufacture of steel products, including cold rolled steel strips (CRSS) and cold formed metal profiles. It operates with 13 manufacturing plants, 5 engineering offices and 42 sales offices in India, the US and Europe.
On a consolidated basis, the company’s net profit jumped 35.2% to Rs 22.53 crore on 2.4% decline in net sales to Rs 814.13 crore in Q2 FY24 over Q2 FY23.
