Praj Industries announced its unaudited financial results for the second quarter and half-year ended September 30, 2026. For Q2 FY27, the company reported income from operations at ₹8,490 million and Profit After Tax (PAT) at ₹231.6 million. The half-yearly results for H1 FY27 showed income from operations at ₹15,648 million and PAT at ₹347.7 million.
Praj Industries Reports Q2 and H1 FY27 Financials
Praj Industries has released its unaudited financial results for the second quarter (Q2) and the first half (H1) of the financial year 2027 (FY27), ending on September 30, 2026. The company reported a notable performance in its key financial metrics.
Q2 FY27 Performance (Consolidated)
In the second quarter of FY27, Praj Industries reported income from operations amounting to ₹8,490 million. This figure compares to ₹7,158 million in Q1 FY27 and ₹8,416 million in Q2 FY26. Profit Before Tax (PBT) for the quarter stood at ₹361.2 million, up from ₹210.5 million in Q1 FY27 and ₹296.1 million in Q2 FY26. The Profit After Tax (PAT) for Q2 FY27 was ₹231.6 million, a significant increase from ₹116.1 million in Q1 FY27 and ₹192.8 million in Q2 FY26. Order intake during the quarter was ₹7,150 million.
H1 FY27 Performance (Consolidated)
For the first half of FY27, Praj Industries’ income from operations reached ₹15,648 million, an increase from ₹14,818.4 million in H1 FY26. The PBT for H1 FY27 was ₹571.7 million, compared to ₹392.2 million in the corresponding period last year. The PAT for H1 FY27 stood at ₹347.7 million, a rise from ₹246.2 million in H1 FY26. The total order intake for the first half of FY27 was ₹17,150 million.
Management Commentary
Commenting on the company’s performance, Mr. Ashish Gaikwad, MD, Praj Industries, stated, “While the overall business environment continues to remain uncertain, the company delivered an improved performance during the quarter on a sequential basis. While we are cautious of the business environment and geopolitical scenario, we are excited and ready to deliver on the emerging opportunities in the segments of GenX and CBG.”
Key Development
A significant development highlighted is the government’s allowance for the use of E100 ethanol fuel in vehicles specifically designed to run on flexible fuel, under amendments to the Central Motor Vehicles Rules, 1989. This move is expected to bolster the adoption of ethanol-based mobility solutions.
Source: BSE
