PEBS Pennar Q3 FY19 Gross Revenue up by 33% to Rs.180.47 Crores

/ -- Pennar Engineered Building Systems (PEBS Pennar) Limited, one of India's leading companies in design, manufacture, supply and installation of cost-effective pre-engineered buildings and building components, today announced its financial results for the third quarter and nine months ended December 31, 2018.

Q3FY19 Financial Highlights
Gross Revenues at Rs. 180.47 Crores up by Rs. 44.84 Crores or 33.06% from Q3FY18 revenue. Net Revenues at Rs. 154.21 Crores up by Rs. 38.30 Crores or 33.04% from Q3FY18 revenue. EBITDA at Rs. 9.36 Crores up by Rs. 0.76 Crores or 8.84% from Q3FY18 EBIDTA. PAT at Rs. 2.72 Crores up by Rs. 0.62 Crores or 29.44% from Q3FY18 PAT. 9M FY19 - Financial Highlights
Gross Revenues at Rs. 466.19 Crores up by Rs. 40.41 Crores or 9.49% from 9M FY18 revenue. Net Revenues at Rs. 401.94 Crores up by Rs. 33.88 Crores or 9.21% from 9M FY18 revenue. EBITDA at Rs. 23.35 Crores. PAT at Rs. 5.17 Crores. Commenting on Q3 financial performance, Mr. K M Sunil, Vice President - 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."
Business Highlights - Q3FY19
PEB division: The Gross revenue for this division in Q3FY19 stood at Rs. 156.86 crores, up by 44% from Q3FY18. Solar division: The Gross revenue for this division in Q3FY19 stood at Rs. 18.72 crores. Engineering division: The revenue for this division in Q3FY19 stood at Rs. 4.89 crores, up by 36% from Q3FY18. New and Repeat Orders: The Company received repeat orders from TOYO Engg for Structural Steel work at Mumbai, Pokarna Limited for Factory at Hyderabad, Rain CII for Warehouse at Hyderabad, Phoenix Construction - Trivyam for Hi - Rise Building at Hyderabad, and New Orders from Carrier Media India Pvt Ltd for Factory at Mumbai, Alcargo (Flipkart) for Warehouse at Mumbai, Gemini Edible Oils for Boiler Shed & Warehouse, P.S Group for Factory at Kolkata, Sunworks for Solar Module. Order Book: The current order book is Rs. 520 Crores. About PEBS Pennar
DISCLAIMER: