Pune, October 31, 2023: Praj Industries (Praj), announced its unaudited financial results for the quarter ended Sept 30, 2023
Performance Review for Q2 FY24 – Consolidated:
Income from operations stood at Rs. 8,823.685 million (Q1 FY24: Rs. 7,367.227 million; Q2 FY23: Rs. 8,806.172 million)
PBT is at Rs. 848.121 million for the period (Q1 FY24: Rs. 777.033 million; Q2 FY23: Rs. 657.778 million)
PAT is at Rs. 623.679 million (Q1 FY24: Rs. 586.726 million; Q2 FY23: 481.286 million)
Order intake during the quarter Rs. 10,630 million (Q1 FY24: 11,010 million; Q2 FY23: Rs. 9,810 million)
Performance Review for H1 FY24 – Consolidated:
Income from operations stood at Rs. 16,190.912 million (H1 FY23: Rs. 16,125.886 million)
PBT is at Rs. 1,625.154 million for the period (H1 FY23: Rs. 1200.119 million)
PAT is at Rs. 1,210.405 million (H1 FY23: Rs. 893.918 million)
Order intake Rs.21,640 million (H1 FY23: Rs. 20,750 million)
Commenting on the Company’s performance, Mr. Shishir Joshipura, CEO & MD, Praj Industries said, “The quarter witnessed development of business activity on similar lines as first quarter. Domestic markets witnessed a brief period of reduced activity as the grain policy changes unfolded before returning to normalcy. The launch of Global Biofuels Alliance is expected to provide a new platform for opportunities across domestic and international markets in medium to long term.”
