Praj Industries announced the submission of its Unaudited Financial Results, both Standalone and Consolidated, for the third quarter and nine months ended December 31, 2025. The Board Meeting concluded at 3:40 p.m. (IST) on February 12, 2026. The results highlight significant figures, including a standalone Profit Before Tax of ₹1,051.598 million for the nine months. The announcement also details exceptional items related to the implementation of the New Labour Codes.
Unaudited Results Announcement
Praj Industries Limited has submitted its Unaudited Financial Results for the third quarter and the nine months period ending December 31, 2025, as required. The results were reviewed by MSKA & Associates LLP. The Board Meeting commenced at 10:30 a.m. (IST) and concluded at 3:40 p.m. (IST) on February 12, 2026.
Standalone Financial Highlights (Nine Months Ended Dec 31, 2025)
The standalone performance for the nine months ending December 31, 2025, showed key figures:
- Total Income: ₹19,306.622 million (compared to ₹20,890.710 million in the previous year period).
- Profit Before Exceptional Items and Tax: ₹1,360.688 million.
- Profit Before Tax: ₹1,051.598 million.
- Profit for the period: ₹782.515 million.
- Basic Earnings Per Share (EPS): ₹4.27.
Consolidated Financial Highlights (Nine Months Ended Dec 31, 2025)
The consolidated results for the same nine-month period were:
- Total Income: ₹23,432.382 million.
- Profit Before Exceptional Items and Tax: ₹608.271 million.
- Profit Before Tax: ₹263.826 million.
- Profit for the year: ₹122.365 million.
- Basic Earnings Per Share (EPS): ₹0.67.
Exceptional Items and Accounting Notes
A significant item noted in both results relates to the consolidation of 29 existing labour regulations into four New Labour Codes, effective November 21, 2025. This resulted in a one-time material increase in the provision for employee benefits, accounted for as an Exceptional Item:
- Standalone Exceptional Item: (₹309.090 million).
- Consolidated Exceptional Item: (₹344.445 million).
Furthermore, the note clarifies that the exceptional item for the nine months ended December 31, 2024, consisted of a profit on sale of land located at Nasarapur.
Geographical Revenue Breakdown (Consolidated)
The consolidated revenue from contracts with customers for the quarter ended December 31, 2025, was distributed as follows:
- Within India: ₹5,535.090 million.
- Outside India: ₹2,879.796 million.
Auditor’s Review Report
The Independent Auditor’s Review Report, signed by Nitin Manohar Jumani of MSKA & Associates LLP, confirms that based on the review, nothing has come to their attention to suggest that the accompanying statements are not prepared in accordance with Ind AS 34 and the relevant regulations, except for reliance on management-certified unaudited information for four subsidiaries contributing ₹279.335 million in revenue for the quarter.
Source: BSE