The PEB vertical has bagged orders from SKB Builders, Anthea Pharma, Tata Electronics, Radiant Vyapaar, Powertech, Godrej Boyce, Revolve and Indospace.
Ascent Buildings, USA, has secured contracts from S&S, SNW Steel, LDP Constructions, Metal Roofing Solutions, Rick Cox Constructions, Twin Shores, Gateway Building Systems, Gem Technologies and Chattahochee Group.
The ICD vertical has received orders from Ashok Leyland, Yamaha, Emerson, Endurance, Haldex, Wabco, Tecumseh, SI Airspring, Kone, Fujitech, Schwing Stetter, INEL, Hydraulics, Elkhart, Kone, Sicor, Venus, Fleetguard, and Jost.
The Railways vertical has bagged orders from ICF, Rites, Orienteal, Wabtec, SCR, ECR, Titagarh, Daneili and Texmaco.
The Tubes vertical has received orders from ALF Engineering, Thermax, IFB Automotive, Hindalco, Kirloskar Toyota, Patton International, Interoll India, RSB Transmissions, GI Auto, Scott Industries, LMW, Nash Industries, Oriental Electrical, LMW, Innova Rubbers and Toyota Boshoku, San & San Auto. Coetz Technologies, Vardhaman, Kumar Piyush and Steel Tube Investments.
The Steel vertical has bagged orders from Tata Power, Saint Gobain, Waree, Thermax, VECV, IFB Industries, L G Balakrishnan, Johnson Lifts, Bimetal Bearings, Navayuga Engg, VRL, , Jackson, Nash, Primex Plastics and JM Frictech.
"The above orders are expected to be executed within the next two quarters,” the company said in a statement.
Pennar Industries is engaged in the manufacture of steel products, including cold rolled steel strips (CRSS) and cold formed metal profiles.
The company reported 54.90% jump in net profit to Rs 21.81 crore on a 6.99% increase in net revenue from operations to Rs 748.89 crore in Q1 FY24 over Q1 FY23.
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