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Praj Industries Ltd Q2FY24; 29% rise in Profits

Praj Industries Ltd, incorporated in 1985 and headquartered in Pune has a presence across the globe with more than 750 references in more than 75 countries. It began as a supplier of an ethanol plant, today it is a global company providing various solutions with a focus on the environment, energy, and agri-process industry.

Financial Results:

Praj Industries Ltd reported Revenues for Q2FY24 of ₹882.00 Crores up from ₹877.00 Crore year on year, a rise of 0.57%.

Total Expenses for Q2FY24 of ₹808.00 Crores down from ₹817.00 Crores year on year, a fall of 1.1%.

Consolidated Net Profit of ₹62.00 Crores up 29.17% from ₹48.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹3.39, up 29.39% from ₹2.62 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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