Results - Announcements
Praj Industries Ltd share price gained 1.08% to Rs 252.85 after the company's net profit saw a strong growth of 99.57% to Rs 23.17 crore, while revenue from operations increased 18.60% to Rs 848.99 crore in Q3FY26 over Q2FY26.
The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 3.66 lakh crore, gaining 2.15%. It has marginally improved by 9.97% over last one week and jumped by 22.78% in last one month while the market capitalization of Praj Industries Ltd has slipped by 1.88% and 18.88% in the same period respectively.
Profit before tax (PBT) of Praj Industries Ltd stood at Rs 36.12 crore in Q3 FY26, rallying 21.99% year-on-year, and jumping 71.59% quarter-on-quarter. EBITDA came in at Rs 40 crore, nosediving by 20.22% YoY and surging by 299.30% sequentially.
Total expenses rose by 15.56% to Rs 821.64 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 438.86 crore, witnessing a sharp rise of 21.63% YoY, while employee benefits expense was at Rs 89.17 crore, rising by 8.16% YoY.
For the TTM ended FY26, revenue from operations eased 1.86% to Rs 3167.88 crore, while net profit tanked by 89.11% to Rs 23.85 crore, compared to previous TTM. EBITDA jumped by 27183% to Rs 101.42 crore, and PBT tumbled by 83.28% to Rs 49.92 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 200.09 crore in FY26, as against Rs 42.96 crore in FY25.
Praj Industries Ltd plunged by 24.59% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.45% during the same period.