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Pennar Industries has posted a net profit of ₹16.3 crore, up 1.5 per cent, for the fourth quarter ended March 31, 2016, against a profit of ₹16 crore for the corresponding quarter last year on a consolidated basis.
It posted gross sales at ₹395.38 in the fourth quarter against ₹415.27 crore for the corresponding period last year. For the financial year ended March 31, 2016, Pennar posted a net profit of ₹43.85 crore, up 22 per cent, over ₹35.9 crore it logged a year ago.
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