New Delhi [India], January 16: Shares of Pavna Industries Limited surged nearly 5 per cent on Friday, touching an intraday high of Rs 21 per share, compared to the previous close of Rs 19.97. The stock has a 52-week high of Rs 56.40 and a 52-week low of Rs 19.31, reflecting renewed investor interest following the company's improved financial performance.
Pavna Industries delivered a strong sequential recovery in Q2FY26, reporting a 23 per cent quarter-on-quarter increase in net sales to Rs 74.15 crore. The company also posted a net profit of Rs 1.68 crore, marking a significant turnaround from a net loss of Rs 1.72 crore in Q1FY26. This robust quarterly performance helped offset earlier headwinds, bringing the H1FY26 net loss to a near breakeven level of Rs 0.04 crore, on total half-year sales of Rs 134.55 crore.
The improved momentum in the current fiscal follows a stable performance in FY25, during which Pavna Industries recorded net sales of Rs 308.24 crore and a net profit of Rs 8.04 crore, underscoring the resilience of its core operations.
Pavna Industries Limited is a leading manufacturer of high-quality automotive components catering to the passenger vehicle, two-wheeler and commercial vehicle segments. With a legacy of over five decades, originally established as Pavna Locks Limited, the company is a trusted supplier of ignition switches and fuel tank caps to prominent OEMs such as Bajaj, Honda and TVS. Operating manufacturing facilities in Aligarh, Aurangabad and Pantnagar, Pavna serves a strong domestic market while expanding its international footprint in regions including the U.S. and Italy. The company continues to strengthen its competitive position through in-house R&D capabilities and strategic global collaborations, including its joint venture with Sunworld Moto Industrial Co.
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