By: ICN Bureau
Last updated : August 12, 2021 11:04 am
PBT is at Rs. 29.80 crore in comparison to Rs. (14.52) for Q1 FY21 whereas PAT is at Rs. 22.20 crore vis-a-vis Rs. (10.50) crore for Q1 FY21
Praj Industries, a globally leading process engineering company, reported Q1 FY22 revenues at Rs. 386.26 crore in comparison to Rs. 129.55 crore in Q1 FY21.
PBT is at Rs. 29.80 crore in comparison to Rs. (14.52) for Q1 FY21 whereas PAT is at Rs. 22.20 crore vis-a-vis Rs. (10.50) crore for Q1 FY21. Order intake during the quarter was Rs. 661 crore.
Commenting on the company's performance for Q1 FY22, Shishir Joshipura, CEO & MD, Praj Industries said, "Starting the year with a strong order book, we have delivered a healthy set of numbers reflecting transformation of our promise to performance. Continued positive developments in the ethanol and other engineering business segments enabled us to further build a stronger order book. We remain confident that our customer centric approach combined with our technological prowess and robust execution capabilities will help us further capitalize growth opportunities."
Over the past four decades, Praj has focused on the environment, energy, and agri-process industry, with over 750 customer references spanning 75 countries across 5 continents.
Bio-Mobility and Bio-Prism are the mainstays of Praj's contribution to the global Bioeconomy. The Bio-Mobility platform offers technology solutions globally to produce renewable transportation fuel, thus ensuring sustainable decarbonization through circular bioeconomy. The Bio-Prism portfolio comprises technologies for production of renewable chemicals and materials, promises sustainability, while reimagining nature. Praj's R&D facility forms the backbone for the company's endeavours towards a clean energy-based Bioeconomy.