Pennar Industries posts strong Q2 FY26 earnings with sales up 22%

Pennar Industries Limited reported consolidated total sales of INR 919.60 crore for Q2 FY26, a 22.04% increase from INR 753.53 crore in Q2 FY25. Consolidated PAT grew by 20.13% to INR 32.28 crore, up from INR 26.87 crore in Q2 FY25. For the half-year ended September 30, 2025 (HYE FY26), consolidated total sales reached INR 1,773.60 crore, an 18.68% increase from INR 1,494.42 crore in HYE FY25, with PAT rising by 20.59% to INR 64.24 crore from INR 53.27 crore.

Pennar Industries secured orders worth INR 956 crores across various business verticals, including PEB, Ascent Buildings, ICD, Tubes, Steel, Boilers, and Railways. These orders are expected to be executed within the next two quarters. Key customers include L&T, Reliance Industries, JSW, and Toyota Boshoku. The company also approved an investment in Pennar GmbH, a wholly owned subsidiary, and is providing a corporate guarantee of INR 110 crores for ZAP91 Solar India Private Limited.

The board approved these un-audited financial results on November 8, 2025. The company also announced the sale of its 51% equity holding in Enertech Pennar Defense and Engineering Systems Private Limited for INR 120 Lakhs, recognizing a net profit of INR 119 Lakhs in standalone results. Additionally, Pennar Industries completed the acquisition of properties of Telko Enterprises and Telko Properties for $14 million.