The Pennar Group consists of Pennar Industries, Saven Technologies and Pennar Engineered Building Systems. The orders were received during April, May and June 2022 and are expected to be executed within the next two quarters. Pennar Industries is engaged in the manufacture of steel products, including cold rolled steel strips (CRSS) and cold formed metal profiles. The company reported a 50.7% decline in consolidated net profit of Rs 16.54 crore despite of a 24.4% rise in net sales to Rs 692.77 crore in Q4 FY22 over Q4 FY21. Powered by Capital Market – Live News
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