Company reported FY 22 revenue at Rs.2, 333 crore; PAT at Rs 150.25 Crore
Pune based Praj Industries (Praj), a globally leading process engineering company with a bouquet of sustainable solutions for Bioenergy, Cleantech and Greentech industry announced its audited financial results for the quarter and full year ended March 31, 2022.
Company posted income from operations Rs 829.01 crore (Q4 FY21: Rs. 567.1 crore; Q3 FY22: Rs. 585.64 crore). Profit Before Tax is at Rs. 78.05 crore (Q4 FY21: Rs. 73.19 crore; Q3 FY22: Rs. 50.25 crore). PAT in Q4 FY22 is at Rs. 57.65 crore (Q4 FY21: Rs. 52.01 crore; Q3 FY22: Rs. 37.05 crore). Order intake during 4th quarter Rs. 1101.5 crore .
Commenting on the Company’s performance, Shishir Joshipura, CEO & MD, Praj Industries said, “FY22 posed several challenges in form of continuing pandemic, rising and volatile commodity prices coupled with geopolitical disturbances in Europe. With rising global awareness about energy security, and low carbon intensity energy footprints across economies, low carbon biofuels are finding increasing market traction. This phenomenon of energy transition is well served by our innovative technology solutions and customer centric approach.”
Performance Review for FY22 – Consolidated:
• Income from operations stood at Rs. 2,333.32 crore (FY21: Rs. 1,304.67 crore)
• PBT is at Rs. 204.88 crore (FY21: Rs. 113.11 crore)
• PAT is at Rs. 150.25 crore (FY21: Rs. 81.07 crore)
• The consolidated order backlog as on March 31, 2022 stood at Rs.2,878 crore (FY21 order backlog at Rs. 1,748 crore).
