Praj Industries announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a consolidated revenue from operations of ₹7,158 million, an increase from the previous year. Profit Before Tax (PBT) before exceptional items stood at ₹210.5 million, while Profit After Tax (PAT) was ₹116.1 million. Notably, the company secured an order intake of ₹10 billion during the quarter, driven by key developments in the bio-energy and infrastructure sectors.
Praj Industries Reports Q1 FY27 Financial Performance
Praj Industries has released its unaudited financial results for the first quarter of the fiscal year 2027 (Q1 FY27), which concluded on June 30, 2026. The company posted a consolidated income from operations of ₹7,158 million. This figure shows an increase compared to the ₹6,402 million recorded in the first quarter of the previous fiscal year (Q1 FY26) and is also higher than the ₹8,446 million from the fourth quarter of FY26 (Q4 FY26).
Profitability and Order Intake Highlights
Profit Before Tax (PBT) before exceptional items for the quarter was reported at ₹210.5 million. This is a significant jump from ₹96.1 million in Q1 FY26 and ₹154.7 million in Q4 FY26. The company’s Profit After Tax (PAT) for Q1 FY27 stood at ₹116.1 million, an improvement from ₹53.40 million in Q1 FY26, and matching the ₹116.1 million from Q4 FY26. A key highlight for the quarter was the order intake, which reached ₹10 billion.
Strategic Developments and Outlook
The company’s MD, Mr. Ashish Gaikwad, commented on the performance, acknowledging the uncertain business environment but highlighting progress in long-term growth areas. Significant developments during the quarter included securing an order for India’s first commercial-scale Bio-IBA demo plant, a long-term framework agreement for precision fabrication solutions for hyperscale data centers, and an order from a semiconductor player for ultra-pure water and ZLD solutions. Praj Industries anticipates building on this momentum for improved performance in the remainder of the financial year.
Key Developments in Q1 FY27
- The Union cabinet approved the GOBARdhan scheme with a total outlay of ₹23,731 crore to boost Compressed Biogas (CBG) production.
- Received the first order to establish India’s first commercial demo plant for Bio-IBA.
- Praj GenX signed an exclusive framework agreement with a leading EPC for manufacturing and supplying precision fabrication components for hyperscale data center projects.
- Secured a combined order for ultra-pure water and Zero Liquid Discharge (ZLD) solutions from a semiconductor player.
Source: BSE
