Praj Industries Limited reported a 20.1% year-on-year increase in consolidated net profit to Rs 23.16 crore in the second quarter of fiscal 2026-27, compared with Rs 19.28 crore in the corresponding quarter of the previous financial year, according to a press release filed with the BSE.
The company’s income from operations rose marginally to Rs 849 crore in the second quarter, compared with Rs 841.6 crore in the same quarter a year earlier. Profit before tax (PBT) increased to Rs 36.12 crore from Rs 29.61 crore.
On a sequential basis, income from operations increased from Rs 715.8 crore in the first quarter of fiscal 2026-27, while net profit nearly doubled from Rs 11.61 crore. PBT also rose from Rs 21.05 crore in the preceding quarter.
Praj Industries’ order intake stood at Rs 715 crore during the quarter, compared with Rs 813 crore in the second quarter of the previous fiscal year and Rs 1,000 crore in the first quarter of the current fiscal year.
Commenting on the performance, Ashish Gaikwad, managing director of Praj Industries, said the company had delivered improved performance on a sequential basis despite continued uncertainty in the business environment. He added that while the company remained cautious about business conditions and geopolitical developments, it was prepared to pursue emerging opportunities in the GenX and compressed biogas (CBG) segments.
