Pennar Industries Reports FY26 Consolidated Income Rise

28 May 2026 CW Team

Pennar Industries Limited (PIL) said it posted consolidated financial results for the fourth quarter and the year ended 31 March 2026. The company reported consolidated total income for FY26 at Rs 36,663.2 mn, an increase of 12.35 per cent year on year, and reported profit after tax for the year at Rs 1,388.3 mn, up by 16.22 per cent. The announcement covered operational and financial metrics across its business verticals.

For the fourth quarter PIL reported total income of Rs 9,337.0 mn compared with Rs 9,130.5 mn in the same quarter of the prior year, up by 2.26 per cent. EBITDA for the quarter was Rs 1,140.6 mn, up by 15.27 per cent from Rs 989.5 mn, while quarter PAT stood at Rs 410.4 mn, an increase of 14.89 per cent. The company attributed growth to order inflows and ongoing execution across segments.

On a full year basis PIL recorded EBITDA of Rs 4,013.2 mn for FY26, compared with Rs 3,474.4 mn in FY25, up by 15.51 per cent, and noted the year on year improvement in margins. The company reported consolidated total income of Rs 36,663.2 mn against Rs 32,632.7 mn in FY25. PIL indicated that orders worth Rs 9,022.6 mn were received across verticals in the last three months and are expected to be executed in the coming quarters.

Pennar Industries is a diversified engineering firm operating in Automotive, Rail and Aerospace and Infrastructure sectors with operations in India, the United States and Europe. The company provides design and detailing, manufacturing and project execution services and identified Metal Buildings, Tubes, Boilers and Process Equipment, Hydraulics and Industrial Components and Engineering Services as primary growth verticals. Management reaffirmed focus on sustainable profitability, liquidity and growth while noting standard forward looking disclaimers.

Products

10 Jun 2026

Fynd Launches AI Platform to Accelerate Fashion Creation

Fynd, an AI-native retail technology company backed by Reliance Retail Ventures, has launched Fynd Create, a platform designed to bring design intelligence, sourcing and manufacturing onto a single connected ecosystem. The platform aims to help brands respond faster to changing consumer preferences and shorten product development cycles.As social media trends continue to compress traditional fashion seasons, brands are under increasing pressure to move from seasonal planning to demand-driven production. Conventional supply chains, often characterised by long lead times and fragmented operation..

Modis Navnirman Appointed For Neel Kiran CHSL Redevelopment

Modis Navnirman (MNL) has been appointed as the developer for the redevelopment of Neel Kiran Co-operative Housing Society Ltd in Khar West, Mumbai, following a selection process in which members chose MNL as their preferred partner. The appointment will add approximately Rs two point five billion (Rs two point five bn) to the company's Gross Development Value pipeline and strengthen its focus on redevelopment and urban renewal projects across the Mumbai Metropolitan Region. The project site is a landmark residential society in Khar West, and the selection reflects members' preference for a pa..

Diamond Power Commissions Eighth MV and EHV Cable Line

Diamond Power Infrastructure (DPIL) has commissioned its eighth Medium Voltage (MV) and Extra High Voltage (EHV) power cable production line at its manufacturing facility in Vadodara, Gujarat. The new line enhances the company's manufacturing capacity in the technologically advanced MV and EHV underground power cable segment. This segment supplies cables for power transmission networks, power generation projects and renewable energy evacuation systems. The development is presented as a step to meet evolving infrastructure needs. The MV and EHV cables produced at the Vadodara facility serve urb..