Results - Announcements
Praj Industries Ltd share price ticked higher by 0.47% to Rs 254.05 after the company's net profit soared by 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, easing 2.15%. It has inched up 5.13% over last one week and rallied by 24.80% in last one month while the market capitalization of Praj Industries Ltd has marginally improved by 1.09% and 18.50% in the same period respectively.
Profit before tax (PBT) of Praj Industries Ltd stood at Rs 36.12 crore in Q3 FY26, jumping 21.99% year-on-year, and rallying 71.59% quarter-on-quarter. EBITDA came in at Rs 40 crore, nosediving by 20.22% YoY and expanding by 299.30% sequentially.
Total expenses increased 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, soaring by 21.63% YoY, while employee benefits expense was at Rs 89.17 crore, improving by 8.16% YoY.
For the TTM ended FY26, revenue from operations softened by 1.86% to Rs 3167.88 crore, while net profit plunged by 89.11% to Rs 23.85 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 27183% to Rs 101.42 crore, and PBT tanked 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 nosedived by 25.49% in last one year, underperforming the benchmark BSE Sensex which has reduced by 12.76% during the same period.