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PRPRAJIND

Praj Industries Q2 FY26 results (Jul–Sep 2025) and concall

Capital Goods · Concall AI · Call held 10 Nov 2025

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.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue816 853 860 640 842 +3%
EBITDA86 73 75 31 56 −35%
Net profit54 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.