The Board of Pitti Engineering (PEL) at its meeting held on 11 March 2024 has approved the secondary acquisition of 100% of the equity share capital of Bagadia Chaitra Industries. The proposed acquisition would help PEL in broadening its presence in South India. It enables greater market penetration and provides entry into new end-use sectors. Powered by Capital Market - Live News

Pitti Engg. announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 22 March 2024 .Powered by Capital Market - Live News

Net profit of Pitti Engineering rose 9.81% to Rs 13.32 crore in the quarter ended December 2023 as against Rs 12.13 crore during the previous quarter ended December 2022. Sales rose 23.40% to Rs 293.64 crore in the quarter ended December 2023 as against Rs 237.96 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales293.64237.96 23 OPM %15.0116.31 - PBDT33.8327.95 21 PBT19.2716.95 14 NP13.3212.13 10 Powered by Capital Market - Live News

Pitti Engg. will hold a meeting of the Board of Directors of the Company on 9 February 2024.Powered by Capital Market - Live News

Net profit of Pitti Engineering rose 121.73% to Rs 22.55 crore in the quarter ended September 2023 as against Rs 10.17 crore during the previous quarter ended September 2022. Sales declined 4.56% to Rs 290.29 crore in the quarter ended September 2023 as against Rs 304.17 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales290.29304.17 -5 OPM %14.6612.02 - PBDT43.9224.90 76 PBT31.6414.29 121 NP22.5510.17 122 Powered by Capital Market - Live News