Pitti Engineering has reported a significant increase in Profit After Tax (PAT) for the September quarter, reaching Rs 22.55 crore, marking a 121.9% rise compared to the year-ago period. Despite this positive financial outcome, the company’s revenue for the July-September period dropped slightly to Rs 302.85 crore from Rs 304.55 crore in the previous year. Pitti Engineering remains optimistic about achieving annual targets despite potential challenges, including geopolitical uncertainties and upcoming elections, according to Akshay S Pitti, the company’s Vice Chairman and Managing Director.
Pitti Engineering Records 121.9% Rise in Q2 Profit, Despite a Dip in Revenue
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