By: ICN Bureau
Last updated : August 12, 2025 9:39 am
Sales decline 8.43% to Rs 640.20 crore
Praj Industries (Praj), announced its consolidated financial results for the quarter ended June 30, 2025.
Income from operations stood at Rs. 640.2 crore in Q1 FY26 as compared to Rs. 699.1 crore in Q1 FY25. The company posted PAT of Rs. 5.3 crore as compared to Rs. 84.1 crore in Q1 FY25. The order intake during the quarter is Rs. 795 crore.
Commenting on the performance, Ashish Gaikwad, MD, Praj Industries said, "A cautious approach among participants in the domestic ethanol market, following the achievement of the 20% EBP target and pending new blending mandates, influenced performance in Q1FY26. Additionally, the current geo-political environment and uncertainty regarding US tariff policies have delayed capital expenditure decisions. Despite these challenges, our core fundamentals remain strong, our growth vectors are intact, and therefore we are committed to our long-term growth aspirations."