Pennar Industries Ltd and its subsidiaries Pennar Engineered Building Systems (PEBS Pennar) and Pennar Enviro Ltd (PEL) have announced receipt of orders worth Rs 105 crores. The companies received orders from Ultratech, Reliance Industries, Abhir Infra, Integral Coach Factory (ICF), BGR Energy, JSW and SRK Engineering among others.
Aditya Rao, Vice Chairman and Managing Director, said, “Pennar is pleased to announce receipt of orders worth Rs 105 crores from prestigious customers. All business units are focused on gaining market share and maintaining operating margins. We believe that as the macro-economic climate improves, our positioning will ensure we benefit in revenue and market share growth.”
Aditya Rao, Vice Chairman and Managing Director, said, “Pennar is pleased to announce receipt of orders worth Rs 105 crores from prestigious customers. All business units are focused on gaining market share and maintaining operating margins. We believe that as the macro-economic climate improves, our positioning will ensure we benefit in revenue and market share growth.”