/ -- Standalone Net Revenue for Q3 FY2019 at INR 397 crore, up by 32% y-o-y
Standalone Financial Highlights
Q3 FY 2019 Net Revenue at INR 397.1 crore; up by 32% y-o-y Q3 FY 2019 PAT at INR 11.5 crore; up by 34% y-o-y 9M FY 2019 Net Revenue at INR 1123.8 crore; up by 27% y-oy 9M FY 2019 PAT at INR 33.9 crore; up by 49% Consolidated Financial Highlights - Q3 FY2019
Net revenue at INR 575.2 crore; up 38% y-o-y EBITDA at INR 48.7 crore; EBITDA margin at 8.5% PAT after minority Interest at INR 13.7 crore Consolidated Financial Highlights - 9M FY2019
Among the various verticals, revenue from railways at INR 93.8 crore contributed 22.6% to the standalone gross revenue during the quarter. Steel vertical revenue at INR 213.1 crore contributed 51% and the remaining INR 108.6 crores came in from other verticals such as Tubes and ECD etc. Commenting on Q3 financial performance, Mr. K M Sunil, Vice President - Corporate Strategy, Pennar Industries Limited said, "We are happy to report strong Q3 standalone numbers with revenue and PAT posting 32% and 34% y-o-y growth respectively. On a consolidated basis too, revenue grew by 38% y-o-y. Q3 also saw strong order inflow across verticals barring solar. Pennar Enviro received orders worth INR 62 crore during quarter. We are looking forward to end FY19 on a strong footing."