Pennar Industries Limited — Board Meeting, 12-11-2024: Outcome of Board Meeting

The Board of Pennar Industries has approved the un-audited financial results for the quarter and half-year ended September 30, 2024. Consolidated total income stands at ₹753.53 crore, with a profit before tax (PBT) of ₹36.05 crore, representing a 21.26% increase. Profit after tax (PAT) also rose by 20.17% to ₹26.87 crore. The board has authorized investment in Pennar Global Inc., while in-principle approval was granted for selling the stake in Enertech Pennar Defense and Engineering Systems Pvt. Ltd. Detailed investor compliance reports were also noted during the meeting.