Company recorded FY 23 revenue at Rs. 35,280.378 million and PAT (Profit After Tax) at Rs. 2,398.182 million.
Pune based Praj Industries (Praj), announced its audited financial results for the quarter and full year ended March 31, 2023.
Performance Review for Q4 FY23 – Consolidated:
• Income from operations stood at Rs 10,039.845 million (Q4 FY22: Rs. 8309.643 million; Q3 FY23: Rs.9114.647 million)
• PBT is at Rs. 1,128.133 million (Q4 FY22: Rs. 780.636 million; Q3 FY23: Rs. 858.997 million)
• PAT is at Rs. 881.151 million (Q4 FY22: Rs. 576.507 million; Q3 FY23: Rs. 623.113 million)
• Order intake during the quarter Rs. 10,380 million
Performance Review for FY23 – Consolidated:
• Income from operations stood at Rs. 35,280.378 million (FY22: Rs. 23,432.744 million)
• PBT is at Rs. 3,187.249 million (FY22: Rs. 2,048.772 million)
• PAT is at Rs. 2,398.182 million (FY22: Rs. 1,502.420 million)
• The consolidated order backlog as on March 31, 2023 stood at Rs. 34,140 million (FY22 order backlog at
Rs. 28,780 million).
Commenting on the Company’s performance, Mr. Shishir Joshipura, CEO & MD, Praj Industries said, “We delivered a healthy and consistent performance throughout FY23 by leveraging our technology edge and strong delivery capabilities. Energy transition and climate action (ETCA) agenda has opened new opportunities for our engineering businesses. Expansion of mobility solutions beyond surface mobility which includes SAF are expanding horizons of opportunity for our business. We are confident of meeting expectations of all our stakeholders, as we move forward on our sustainable journey.”
