PRAJIND Praj Industries Q2 FY26 results (Jul–Sep 2025) and concall
Praj Industries reported a mixed Q2 FY26, with a slight increase in income from operations to ₹8.42 billion but a significant decline in PBT and PAT year-on-year. The company secured a healthy order intake of ₹8.1 billion, contributing to a strong backlog of ₹44.2 billion. Challenges included under-absorption of GenX fixed costs, project funding delays, and headwinds in domestic ethanol and US tariffs, leading to a revised GenX full capacity utilization timeline to FY28. Praj is pivoting its strategy towards brownfield opportunities and diversified segments, including SAF and CBG, to drive fut
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What they filed
Q2 FY26: revenue up 3.2%, net profit down 64.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 816 | 853 | 860 | 640 | 842 +3% |
| EBITDA | 86 | 73 | 75 | 31 | 56 −35% |
| Net profit | 54 | 41 | 40 | 5 | 19 −65% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





