Conference Call with Praj Industries Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Machinery company Praj Industries announced Q3FY25 results Income from operations stood at Rs 8,530.279 million (Q2FY25: Rs 8,161.920 million; Q3FY24: Rs 8,286.226 million). PBT is at Rs 588.220 million for the period (Q2FY25: Rs 744.419 million; Q3FY24: Rs 919.217 million). PAT is at Rs 411.044 million (Q2FY25: Rs 538.310 million; Q3FY24: 704.143 million). Order intake during the quarter Rs 10,530 million (Q2FY25: 9,210 million; Q3FY24: Rs 10,370 million) Shishir Joshipura, CEO & MD, Praj Industries said: “Our performance this quarter reflects resilience of the business in face of challenges on account of global volatility and uncertainty in the economy. On the strategic vectors, the company continues its positive journey as reflected in growing order book as well as constitution of orders in favour of increasing international business. Initial delays in readying the Mangalore facility have impacted the planned business activity for the GenX business in the current year, which we expect to recover as we move forward through the next financial year.” Result PDF
Industrial Machinery company Praj Industries announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Income from operations stood at Rs 8,161.920 million (Q1FY25: Rs 6,991.414 million; Q2FY24: Rs 8,823.685 million). PBT is at Rs 744.419 million for the period (Q1FY25: Rs 788.805 million; Q2FY24: Rs 848.121 million). PAT is at Rs 538.310 million (Q1FY25: Rs 841.807 million; Q2FY24: 623.679 million). Order intake during the quarter Rs 9,210 million (Q1FY25: 8,880 million; Q2FY24: Rs 10,630 million). H1FY25 Financial Highlights: Income from operations stood at Rs 15,153.334 million (H1FY24: Rs 16,190.912 million). PBT before exceptional items is at Rs 1,533.224 million for the period (H1FY24: Rs 1,625.154 million). PBT after exceptional items Rs 1,814.796 million. PAT is at Rs 1,380.117 million (H1FY24: Rs 1,210.405 million). Order intake Rs18,090 million (H1FY24: Rs 21,640 million). Shishir Joshipura, CEO & MD, Praj Industries said: “The Bioenergy segment continues to develop positively as we witness our business growing in multiple dimensions, with healthy order and enquiry inflows from international, services and engineering verticals in the first half of the year. Several positive developments in the ecosystem and market augur well for continued growth journey as we move forward. Commissioning of our Demo plant for biopolymers opens a completely new dimension in form of renewable chemicals and materials segment. Our strong focus on R&D; backed solutions will continue help us stay on our envisioned growth path” Result PDF