Pennar Industries Bags Orders Worth INR 5380 Mn
Pennar Industries Limited, a leading value-added engineering products and solutions company announced that it has bagged orders worth INR 5380 million during the months of June and July 2019.
Pennar has received multiple orders aggregating INR 5380 million across its business verticals.
The Railway's business vertical received orders aggregating INR 660 million from customers such as Integrated Coach Factory, Rail Coach Factory, Universal Engineering, Konkan Railways, BEML and others.
The Pre-engineered building division received significant orders aggregating INR 2110 million comprising factory buildings, warehouses and solar. These orders were received from new and repeat customers such as Tata Steel, Wipro, Bharti Infra, Mylan Laboratories, Asian Fabtech, Whitehouse India, SPML Infra, Natco, MRF and Cyient. The order book position for Pre-engineered buildings division as on June 30, 2019 was INR 5540 million.
The Tubes division received orders worth INR 770 million from ALF Engineering, MG Automotives, Maruthi Auto and Patton International among others;
The Industrial Components division received orders worth INR 370 million from Emerson, Endurance, Tecumseh, Yamaha, Wabco, Firestone and others.
The Environmental and Water Treatment division received order aggregating INR 260 million from GMR and JSW for water treatment and effluent treatment plants. The order book for this division as on June 30, 2019 stands at INR 860 million.
- Bagged By:
- Country:India
- Region:National
- Industry:Engineering
- Value:INR 5380 Million
- Published On:2019-08-20