Pennar Industries Limited — Board Meeting, 30-05-2025: Outcome of Board Meeting

Pennar Industries has announced a board meeting on May 30, 2025, approving the consolidated financial results for the quarter and year ended March 31, 2025. The company posted annual revenue of ₹3,226.58 Cr and a net profit of ₹158.95 Cr, supported by strong operating cash flows of ₹255.98 Cr. Capex stayed high at ₹126.15 Cr, fueling growth. Strategic moves include launching a wholly owned engineering subsidiary in the UAE and entering a solar panel JV. The board also approved in principle the sale of its stake in Enertech Pennar Defense, signaling portfolio optimization.