Praj Industries Limited has submitted its Unaudited Financial Results for the third quarter and nine months ended December 31, 2025. The standalone results show Profit Before Tax (PBT) at ₹1,051.598 million for the nine months, against an exceptional charge of ₹309.090 million related to new labour codes. Consolidated results reflect a PBT of ₹263.826 million for the same period, impacted by a ₹344.445 million exceptional item.
Praj Industries Q3 FY2025 Earnings Overview
Praj Industries Limited announced its Unaudited Financial Results for the third quarter and nine months ended December 31, 2025, following the Board Meeting held on February 12, 2026. The results cover both standalone and consolidated performance.
Standalone Financial Highlights (Nine Months Ended Dec 31, 2025)
The company demonstrated robust top-line performance over the nine-month period ending December 31, 2025:
- Total Income: Stood at ₹19,306.622 million.
- Profit Before Exceptional Items and Tax: Reached ₹1,360.688 million.
- Exceptional Items (Note 4 & 5): A charge of (₹309.090 million) was recognized, relating to the implementation of the New Labour Codes resulting in a one-time material increase in employee benefits provision.
- Profit Before Tax (PBT): The final PBT after accounting for exceptional items was ₹1,051.598 million.
- Profit for the Period: Total profit for the period stood at ₹782.515 million.
- Earnings Per Share (Basic/Diluted): Calculated at ₹4.27 for the nine-month period.
Consolidated Financial Snapshot (Nine Months Ended Dec 31, 2025)
The consolidated performance for the Group during the same nine-month period showed the following:
- Total Income: Total revenue from contracts with customers was ₹23,233.241 million, with ₹5,535.090 million generated within India and ₹17,698.151 million generated outside India (derived from the geographical breakdown note).
- Profit Before Exceptional Items and Tax: Recorded at ₹608.271 million.
- Exceptional Items (Note 4 & 5): A significant charge of (₹344.445 million) was accounted for, primarily due to the New Labour Codes impact on employee benefits.
- Profit Before Tax (PBT): The resulting PBT was ₹263.826 million.
- Profit for the Year: Total profit for the period was ₹122.365 million.
- Earnings Per Share (Basic/Diluted): Calculated at ₹0.67 for the nine-month period.
Key Note on Exceptional Items (Labour Codes Impact)
A crucial point noted across both statements is the impact of the Government of India’s consolidation of 29 existing labour regulations into four ‘New Labour Codes’ effective November 21, 2025. This has resulted in a one-time material increase in provision for employee benefits, recognized as an exceptional item on a standalone basis (₹309.090 million) and on a consolidated basis (₹344.445 million).
Auditor’s Review Conclusion
The Independent Auditor’s Review Report on the Standalone results concludes that nothing has come to their attention to cause them to believe that the Statement contains any material misstatement. For the Consolidated results, the auditors noted that the financial information of four subsidiaries, reflecting revenues of ₹279.335 million for the quarter, was not subject to their review, but relied solely on management certification, which did not modify their overall conclusion.
Source: BSE
