Company reported PAT of Rs. 2,833.91 million in FY24 registering 18 per cent growth over previous year.
Praj Industries (Praj), announced its audited financial results for the quarter and full year ended March 31, 2024.
In Q4 FY24, company’s income from operations stood at Rs 10,185.646 million (Q4 FY23: Rs. 10,039.845 million; Q3 FY24: Rs.8,286.226 million). Company’s PBT is at Rs. 1,230.237 million (Q4 FY23: Rs. 1,128.133 million; Q3 FY24: Rs. 919.217 million). Company posted PAT of Rs. 919.361 million in Q4FY24 (Q4 FY23: Rs. 881.151 million; Q3 FY24: Rs. 704.143 million). Company’s order intake during the quarter Rs. 9240 million.
In FY 24 company’s income from operations stood at Rs. 34,662.784 million (FY23: Rs. 35,280.378 million). Company has posted PBT of Rs. 3,774.608 million in FY24 (FY23: Rs. 3,187.249 million). Company reported PAT of Rs. 2,833.909 million in FY24 (FY23: Rs. 2,398.182 million).The consolidated order backlog as on March 31, 2024 stood at Rs. 38,550 million (FY23 order backlog at Rs. 34,140 million).
Commenting on the Company’s performance, Mr. Shishir Joshipura, CEO & MD, Praj Industries said, “Our quarterly and annual results reflect business development across different dimensions of our portfolio and our ability to create, deliver and capture value to an increasing base of diverse customers. Praj is on a path to transform its business with additional focus on emerging segments of CBG, SAF and ETCA in near to midterm future while expanding the share of international business in the overall pie.”
Key Developments:
• Praj is very proud to announce successful commissioning of Commercial scale CBG plants based on press mud and rice straw as also achieving of benchmark results for yield. With this Praj now has proven commercial scale CBG projects operating on three key feedstocks namely- spent wash, pressmud and rice straw.
• Y-o-Y growth of 62% in the international order book
• Praj is chosen to build state of the art modules for one of the largest Blue Hydrogen projects in
Europe.
• Praj was among the select invitees to participate in the ‘Interaction of Hon’ Prime Minster with Global
