Shares of Praj Industries, a number one international biotechnology and engineering firm, are more likely to be in concentrate on Thursday, November 6, because the inventory might react to the corporate’s September quarter numbers launched as we speak.
The corporate reported a 65% YoY drop in its consolidated web revenue at ₹19.2 crore in Q2, impacted by a pointy rise in working bills. It had reported a web revenue of ₹53 crore in the identical interval final 12 months.
Although web revenue dropped sharply on a YoY foundation, it improved by 284% on a QoQ foundation, as ₹5 crore within the first quarter of FY26″>the corporate had posted ₹5 crore within the first quarter of FY26. Its income from operations throughout the reporting quarter stood at ₹842 crore, in comparison with ₹816 crore in Q2FY25. In Q1FY26, income was ₹640 crore.
On the working degree, the corporate posted an EBITDA of ₹56 crore, down from ₹86 crore within the year-ago quarter. EBITDA margins narrowed by 400 foundation factors to 7% however improved 300 foundation factors in comparison with the earlier quarter.
In the meantime, the corporate’s complete working bills rose to ₹817 crore, up from ₹730 crore in Q2FY25 and ₹609 crore in Q1FY26.
Commenting on the efficiency, Ashish Gaikwad, MD, Praj Industries, mentioned, “Our unwavering concentrate on execution enabled us to ship Q2FY26 efficiency regardless of continued challenges within the exterior enterprise surroundings—notably within the home ethanol phase and within the worldwide market as a consequence of US tariff headwinds. We stay dedicated to specializing in controllable elements within the second half of FY26 and our imaginative and prescient to ship long-term progress aspirations.”
Praj Industries share value loses 60% of its worth in simply 9 months
It seems that Praj Industries shares have entered a protracted downtrend, having been below intense promoting stress since hitting a report excessive of ₹875 apiece in December 2024. The inventory has misplaced 60% of its worth since then.
Though the shares have declined considerably, they nonetheless ship a 364% return during the last 5 years.
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