Pennar Industries Strengthens Order Book in Q2
Pennar Industries has bagged orders worth INR 517 crore across its business verticals during the quarter ended September 30. Pre-engineered building
vertical received orders for construction of manufacturing facilities, warehouses, solar PV modules and power plant structures from various companies like Kaizen Industries, Asian Fabtec, Ambuja Cements and Azure. The Railways vertical received orders from BEML, Rites, Integrated Coach Factory, Universal Engineering among others. The Steel vertical received orders from Thermax, Sterling LGB, IFB, Toshiba, Adani Green Energy, L&T Solar and India Cements, while the Industrial Components vertical received orders for Hydraulic cylinders from Bailey. The Tubes vertical received orders from Thermax, Forbes, Alf Engg, TVS ancillaries, LMW, Bajaj ancillaries and others.
The current order book position for pre-engineered buildings business unit stands at INR 280 crore. The current order book position for the Railways business unit is at INR 249 crore.