Praj announces Q1 FY24 results: Revenue at Rs. 7,367.2 million; PAT up by 42% at Rs. 586.7 million

Pune, July 26, 2023: Praj Industries (Praj), announced its unaudited financial results for the quarter ended June 30, 2023.

Performance Review for Q1 FY24 – Consolidated:

Income from operations stood at Rs. 7,367.227 million (Q1 FY23: Rs. 7,319.714 million; Q4 FY23: Rs. 10,039.845 million)
PBT is at Rs. 777.033 million for the period (Q1 FY23: Rs. 542.341 million; Q4 FY23: Rs. 1,128.133 million)
PAT is at Rs. 586.726 million (Q1 FY23: Rs. 412.632 million; Q4 FY23: Rs. 881.151 million)
Order intake during the quarter Rs. 11,010 million, 35% from international markets

Commenting on the Company’s performance, Mr. Shishir Joshipura, CEO & MD, Praj Industries said, “We have started FY 24 on a positive note with healthy order book and improvement in profitability. With positive business environment, increasing share of international orders and strong delivery capabilities, we hope to continue on our growth journey.”


Please enter your comment!
Please enter your name here