Praj Industries reports ₹6,991.41 million revenue for Q1 FY25

Profit After Tax soars to ₹841.80 million, fueled by strategic innovations, robust order bookings, and successful product developments

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New Delhi: Praj Industries, headquartered in Pune, reported revenue from operations of ₹6,991.41 million for Q1 FY25, marking a decrease from ₹7,367.22 million in the same quarter last year and a decline from ₹10,185.64 million in the previous quarter.
Profit Before Tax (PBT) before exceptional items stood at ₹788.80 million, a slight increase from ₹777.03 million in Q1 FY24 but lower than ₹1,230.23 million in Q4 FY24. After accounting for exceptional items, PBT rose to ₹1,070.37 million. 
Praj Industries also reported a Profit After Tax (PAT) of ₹841.80 million for the quarter, which represents a significant increase from ₹586.72 million in Q1 FY24, though it is slightly lower than the ₹919.36 million recorded in Q4 FY23. During this quarter, the company secured new orders amounting to ₹8,880 million.
Shishir Joshipura, CEO & MD of Praj Industries, commented, “This quarter’s performance reflects the changing dimensions of the business dynamics. We are witnessing a healthy build-up of opportunities in key strategic areas of the company’s business. Our continued focus on innovation at the leading edge of technology will enable us to deliver healthy performance going forward.”
Recent notable advancements include Praj Industries’ international order bookings, which accounted for 42 percent of the total, indicating a strong global market presence. Additionally, Praj successfully produced its first batch of 90 percent Lactic Acid, an essential building block for bioplastics, at its advanced BioPolymers demonstration plant in Jejuri, near Pune. The company has launched a Centre of Excellence & Innovation (CoEI) in partnership with the Vasantdada Sugar Institute. This new center is dedicated to integrating the “farm to fuel” model with the development of alternative feedstocks.