New Delhi, Nov. 5 -- Shares of Praj Industries, a leading global biotechnology and engineering company, are likely to be in focus on Thursday, November 6, as the stock may react to the company's September quarter numbers released today.

The company reported a 65% YoY drop in its consolidated net profit at Rs.19.2 crore in Q2, impacted by a sharp rise in operating expenses. It had reported a net profit of Rs.53 crore in the same period last year.

Though net profit dropped sharply on a YoY basis, it improved by 284% on a QoQ basis, as the company had posted Rs.5 crore in the first quarter of FY26. Its revenue from operations during the reporting quarter stood at Rs.842 crore, compared to Rs.816 crore in Q2FY25. In Q1FY26, revenue was Rs.6...