Praj Industries (Praj), announced its unaudited financial results for the quarter ended June 30, 2025.
Performance Review for Q1 FY26 - Consolidated:
- Income from operations stood at Rs. 6402.0 million (Q1 FY25: Rs. 6,991.4 million; Q4 FY25: Rs. 8,596.9 million)
- PBT before exceptional items is at Rs. 96.09 million for the period (Q1 FY25: Rs. 788.80 million; Q4 FY25: Rs. 582.52 million).
- PAT is at Rs. 53.40 million (Q1 FY25: Rs. 841.80 million; Q4 FY25: Rs. 398.17 million)
- Order intake during the quarter is Rs. 7950 million
Commenting on the Company's performance, Mr. Ashish Gaikwad, MD, Praj Industries said, "A cautious approach among participants in the domestic ethanol market, following the achievement of the 20% EBP target and pending new blending mandates, influenced performance in Q1FY26. Additionally, the current geo-political environment and uncertainty regarding US tariff policies have delayed capital expenditure decisions. Despite these challenges, our core fundamentals remain strong, our growth vectors are intact, and therefore we are committed to our long-term growth aspirations."
Key Developments:
- IRA Approval of 45Z/ 45Q with clarity and extension through 2029 presents a strong short to mid term opportunity for low carbon ethanol solutions
- Received order for detailed engineering of commercial size SAF plant (30 MGPA )
- Partnership with IATA, and ISMA to advance SAF Carbon Assessment and Certification in India.
Shares of Praj Industries Limited was last trading in BSE at Rs. 445.85 as compared to the previous close of Rs. 448.05. The total number of shares traded during the day was 48164 in over 2565 trades.
The stock hit an intraday high of Rs. 451.95 and intraday low of 442.60. The net turnover during the day was Rs. 21540111.00.