Praj Industries has announced its Q3 and nine-month financial results for FY26, reporting steady operations despite a challenging external environment.

 

For Q3 FY26, the company recorded revenue of Rs. 8,41.48 crore, nearly flat compared to Rs. 841.63 crore in Q2 FY26 and down from Rs. 853.03 crore in Q3 FY25. Profit before tax (PBT) before exceptional items stood at Rs. 21.61 crore, compared with Rs. 29.61 crore in the previous quarter and Rs. 58.82 crore in Q3 FY25. 

 

The company posted a net loss of Rs. 12.39 crore, a decline from Rs. 19.28 crore PAT in Q2 FY26 and Rs. 41.10 crore in Q3 FY25.

 

Order intake for the quarter was Rs. 914 crore, up from Rs. 813 crore in Q2 FY26 but lower than Rs. 1,053 crore in Q3 FY25.

 

For the nine months ended December 31, 2025, Praj reported income from operations of Rs. 2,323.32 crore, PBT of Rs. 60.83 crore, and PAT of Rs. 12.24 crore, reflecting a drop from the same period last year. Order intake for 9M FY26 was Rs. 2,521.5 crore, down from Rs. 2,862 crore in 9M FY25. The consolidated order backlog stood at Rs. 44.9 billion, with 66% domestic and 34% international orders.

 

Commenting on the performance, Ashish Gaikwad, MD, Praj Industries, said: "Though the external environment remained challenging, our operational focus enabled us to deliver a steady performance. 

 

"We are excited about new trade agreements with the USA, Europe, and the UK, various announcements in the Union Budget, and acknowledgement of Biofuels’ role in our nation’s journey towards Viksit Bharat and Net Zero depicted in the recent NITI Aayog report. We are well-poised to take full advantage of these developments in the time to come.”