Pennar Industries has reported results for its first quarter ended June 30, 2011
The company’s net profit for the quarter rose by 8.56% at Rs 17.88 crore as compared to Rs 16.47 crore for the quarter ended June 30, 2010. Its net sales has increased by 6.06% to Rs 265.42 crore for the quarter under review from Rs 250.26 crore for the corresponding quarter of the previous year.
Pennar Industries is engaged in the manufacturing of Cold Rolled Steel Strips (CRSS) and value-added products under Cold Rolled Formed Sections (CRFS) like precision tubes, engineered components, road safety systems, parts of railway coaches and Electro Static Precipitators (ESP).
