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Pennar Industries bags multiple orders worth Rs 538 cr

Tuesday, 20 Aug 2019
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Pennar Industries, has bagged multiple orders worth Rs 538 crore during the months of June and July 2019.

The railways business vertical has received orders aggregating Rs 66 crore from customers such as Integrated Coach Factory, Rail Coach Factory, Universal Engineering, Konkan Railways, Bharat Earth Movers (BEML) and others.

The pre-engineered building division received significant orders aggregating Rs 211 crore comprising factory buildings, warehouses and solar. These orders were received from new and repeat customers such as Tata Steel, Wipro, Bharti Infratel, Mylan Laboratories, Asian Fabtech, White House India, SPML Infra, Natco, MRF and Cyient. The order book position for pre-engineered buildings division as on 30 June 2019 was Rs 554 crore.

The tubes division received orders worth Rs 77 crore from ALF Engineering, MG Automotives, Maruthi Auto and Patton International among others. The industrial components division received orders worth Rs 37 crore from Emerson, Endurance, Tecumseh, Yamaha, Wabco, Firestone and others.

The environmental and water treatment division received order aggregating Rs 26 crore from GMR Group and JSW Group for water treatment and effluent treatment plants. The order book for this division as on 30 June 2019 stands at Rs 86 crore.

 
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