Mumbai, Aug. 12 -- Profit before tax (PBT) tumbled 91% YoY to Rs 9.61 crore in Q1 FY26.
EBITDA fell 65.9% to Rs 31.4 crore in Q1 FY26 compared with Rs 92 crore in Q1 FY25. EBITDA margin contracted 826 bps to 4.90% in Q1 FY26 from 13.16% in Q1 FY25.
On the segmental front, revenue from bio-energy declined 24.1% YoY to Rs 382.6 crore, while revenue from engineering increased 28.9% YoY to Rs 183.3 crore, and revenue from hipurity jumped 41.1% YoY to Rs 74.2 crore during the quarter ended 30th June 2025.
Order intake stood at Rs 795 crore in Q1 FY26, down 10.47% compared with Rs 888 crore in Q1 FY25.
Ashish Gaikwad, MD, Praj Industries said, "A cautious approach among participants in the domestic ethanol market, following the achievement of...