Praj Industries announced its unaudited consolidated financial results for the third quarter and nine months ending December 31, 2025. Q3 revenue stood at Rs. 8,414.8 million, while Profit Before Tax (PBT) before exceptional items was Rs. 216.1 million. The company also secured significant order intake of Rs. 9,140 million during the quarter, reflecting a strong order backlog.
Praj Industries Q3 FY26 Financial Snapshot
Praj Industries Ltd. announced its unaudited financial results for the quarter and nine months that concluded on December 31, 2025. The announcement highlights a generally steady performance despite a challenging external environment.
Q3 FY26 Consolidated Performance Highlights
The key financial metrics for the third quarter of the fiscal year 2026 (Q3 FY26) are as follows:
- Income from operations reached Rs. 8,414.8 million, compared to Rs. 8,530.3 million in Q3 FY25.
- Profit Before Tax (PBT) before exceptional items was reported at Rs. 216.1 million, a decrease from Rs. 588.2 million in Q3 FY25.
- Profit After Tax (PAT) for the quarter was a loss of Rs. (123.9) million, compared to a profit of Rs. 411.0 million in Q3 FY25.
- Order intake during the quarter was robust at Rs. 9,140 million, showing growth from Rs. 8,130 million in the preceding quarter (Q2 FY26).
Nine Months Ended December 31, 2025 (9M FY26) Performance
For the nine-month period ending December 31, 2025, the consolidated performance showed:
- Income from operations stood at Rs. 23,233.2 million (against Rs. 23,683.6 million in 9M FY25).
- PBT for 9M FY26 was Rs. 608.3 million (compared to Rs. 2,121.4 million in 9M FY25).
- PAT for the nine months was Rs. 122.4 million (compared to Rs. 1,791.2 million in 9M FY25).
- Order intake totaled Rs. 25,215 million for the nine months.
Order Backlog and Management Commentary
The consolidated order backlog as of December 31, 2025, stood strong at Rs. 44.9 billion. This backlog is composed of 66% domestic orders and 34% international orders.
Commenting on the results, Mr. Ashish Gaikwad, MD of Praj Industries, noted that operational focus enabled steady performance despite the challenging external environment. He expressed excitement regarding new trade agreements with the USA, Europe, and the UK, and acknowledgments of Biofuels’ role in India’s Net Zero objectives as highlighted in the recent NITI Aayog report.
Key Strategic Developments
Praj highlighted several strategic achievements during the period, indicating future growth vectors:
- Positive impact expected from various international trade agreements and tariff reductions for Indian capital goods exports.
- Encouraging initiatives under the Union Budget 2026, focusing on Biogas, Pharma, CCUS, Data Centers, and Semiconductors.
- A breakthrough order for the delivery of CCUS skids from a global oil major (GenX).
- A significant order from a leading metal major for integrated plant offerings related to effluent treatment, water recycle, and ZLD solutions.
- Receiving the first contract under the National BioE3 policy for precision fermentation from Embio Ltd.
Praj Industries defines itself as a leader in industrial biotechnology, focusing on the environment, energy, and agri-process industries, underpinned by its BioMobility® and Bio-Prism® platforms supporting the global Bioeconomy.
Source: BSE
