The consolidated income from operations in Q2FY22 stood at Rs 532.41 crore

Praj Industries (Praj) announced its unaudited financial results for the quarter ended September 30, 2021. The consolidated income from operations in Q2FY22 stood at Rs 532.41 crore (Q1 FY22: Rs 386.26 crore; Q2 FY21: Rs 260.24 crore). Profit before tax (PBT) is at Rs 46.77 crore for the period (Q1 FY22: Rs 29.80 crore; Q2 FY21: Rs 15.67 crore). Profit after tax (PAT) is at Rs 33.34 crore (Q1 FY22: Rs 22.20 crore; Q2 FY21: Rs 11.39). The order intake during the quarter was Rs 745 crore (Q1 FY22: Rs 661 crore; Q2 FY21: Rs 405 crore).

In H1 FY22, the consolidated income from operations stood at Rs 918.67 crore (H1 FY21: Rs 389.79 crore). PBT is at Rs 76.57 crore for the period (H1 FY21: Rs. 1.15 crore). PAT is at Rs 55.54 crore (H1 FY21: Rs 0.89 crore). The order intake is at Rs 1406 crore (H1 FY21: Rs 715 crore).

Shishir Joshipura, CEO and MD, Praj Industries said, “We have leveraged our leadership position to build a very strong order book and report a robust performance during the quarter. Focus on developing a carbon-free economy coupled with a gradual return to normalcy in post covid era is leading to improving traction in our international business. Overall, we are looking forward to accelerated growth building on our technological prowess and leadership position in the market.”