PEBS Pennar Q3 net up 29 percent

PEBS Pennar Q3 net up 29 percent
Highlights

PEBS Pennar engaged in custom designed building systems solutions registered a net profit of Rs 272 crore, up by Rs 062 crore or 2944 per cent from Q3FY18 Gross revenues at Rs 18047 crore were up by Rs 4484 crore or 3306 per cent yearonyear

Hyderabad: PEBS Pennar engaged in custom designed building systems solutions registered a net profit of Rs. 2.72 crore, up by Rs. 0.62 crore or 29.44 per cent from Q3FY18. Gross revenues at Rs 180.47 crore were up by Rs 44.84 crore or 33.06 per cent year-on-year.

Net revenues at Rs 154.21 crores were up by Rs 38.30 crores or 33.04 per cent from Q3FY18 revenue and EBITDA at Rs 9.36 crore was up by Rs 0.76 crore or 8.84 per cent for the same period.

For the nine-month period of FY19, the company recorded a net profit of Rs 5.17 crore. Gross revenues at Rs 466.19 crore were up by Rs 40.41 crore or 9.49 per cent as against the same period of FY18. Net revenues stood at Rs 401.94 crore, up by Rs. 33.88 crore or 9.21 per cent. EBITDA was at Rs. 23.35 crore.

K M Sunil, VP - Corporate Strategy, PEBS Pennar, said: "Backed by new and repeat orders, our Q3 revenue saw an impressive growth. We are witnessing steady order inflow for warehouses and factory buildings and the newer segments such as high-rise buildings."

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