Praj Industries has announced Q2 FY23 income from operations at Rs. 876.58 crore whereas Profit After Tax (PAT) is at Rs. 48.13 crore.

Order intake during the quarter was Rs. 981 crore whereas order intake for H1 FY22 was at Rs. 1,406 crore. 

Commenting on the company’s performance, Shishir Joshipura, CEO & MD, Praj Industries said, “Our results for the quarter are reflective of continually building a favourable business environment. Global economy continued to face headwinds in the form of geopolitical situations, high inflation, continued uncertainty & volatility on the energy front in several parts of the world. Energy transition is creating several new opportunities for sustainable fuels and we are confident of leveraging them and delivering to our potential.”

Over the past four decades, Praj has focused on the environment, energy, and agri-process industry, with 1000+ customer references spanning 100+ countries across all 5 continents.

BioMobility and Bio-Prism are the mainstays of Praj's contribution to the global Bioeconomy. The BioMobility platform offers technology solutions globally to produce renewable transportation fuel, thus ensuring sustainable decarbonization through circular bioeconomy. The company's Bio-Prism  portfolio comprises technologies for production of renewable chemicals and materials, promising sustainability, while reimagining nature. Praj Matrix, the R&D facility, forms the backbone for the company's endeavours towards a clean energy-based Bioeconomy.

Praj's diverse portfolio comprises bio-energy solutions, critical process equipment & skids, breweries, zero liquid discharge systems, and high purity water systems.