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The Economic Times

Ritesh Presswala

Praj Industries shares rally 7% after Q1 profit more than doubles YoY

Praj Industries

Shares of Praj Industries surged 6.50% to Rs 342.45 in Friday’s trading session after the company reported strong performance for the June quarter, with consolidated net profit more than doubling year-on-year.

The company’s Q1FY27 net profit jumped 117% to Rs 12 crore, compared with Rs 5 crore in the corresponding quarter last year. Revenue from operations also grew 12% year-on-year to Rs 716 crore, from Rs 640 crore in Q1FY26.

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