"Pritika Group Targets ₹950 Crore in Sales Over 3 Years with ₹650 Crore Order Book"

Engineering and automotive components manufacturer Pritika Group aims to achieve ₹950 crore in sales over the next three years, supported by a robust order book worth ₹650 crore. This ambitious growth plan is driven by increasing demand in the engineering and automotive sectors, according to a company statement released on Monday.

Harpreet S. Nibber, Managing Director of Pritika Engineering Components Ltd, outlined the target, stating that the company expects to reach sales between ₹900 crore and ₹950 crore with a profit after tax (PAT) margin of 7-10% within the next three years.

Building on a strong performance in the financial year 2023-24 and a solid start in the April-June quarter of FY25, the company is poised to leverage the growing demand in its sector, Nibber added.

BS