Praj Industries has reported its unaudited consolidated financial results for the quarter ended June 30, 2026, recording revenue from operations of ₹7,158 million and a Profit After Tax (PAT) of ₹116.1 million. Income from operations increased from ₹6,402 million in Q1 FY26, while it stood at ₹8,446 million in the previous quarter. Profit Before Tax (PBT) before exceptional items rose to ₹210.5 million, compared with ₹96.1 million in Q1 FY26 and ₹154.7 million in Q4 FY26.Praj also recorded order intake of ₹10 billion during the quarter, supported by new business opportunities across bioenergy, advanced manufacturing, water treatment and industrial infrastructure.
Ashish Gaikwad, Managing Director, Praj Industries, said the company made progress across several long-term growth areas despite an uncertain external business environment. He highlighted the company’s first Bio-IBA order for India’s first commercial-scale demonstration plant, a long-term framework agreement for precision fabrication and modularisation solutions for hyperscale data centres, and the first order from a leading semiconductor company for ultra-pure water and zero liquid discharge solutions.
Praj received an order to establish India’s first commercial-scale Bio-IBA demonstration plant. The project is aimed at developing a new pathway for bio-based production and adds to the company’s portfolio of advanced biotechnology solutions. Praj GenX also signed an exclusive framework agreement with a leading engineering, procurement and construction company to manufacture and supply precision fabrication components and modules for hyperscale data centre infrastructure projects. The agreement expands Praj’s presence in precision manufacturing and modularisation for large-scale digital infrastructure.
The company also secured a combined order from a major semiconductor player for ultra-pure water and zero liquid discharge (ZLD) solutions. The order strengthens Praj’s position in high-purity water and industrial water management applications supporting the growing semiconductor manufacturing ecosystem in India.
The quarter also saw developments in India’s bioenergy sector, with the Union Cabinet approving the GOBARdhan scheme with a total outlay of ₹23,731 crore. The scheme is intended to accelerate compressed biogas production through measures including assured offtake, stable pricing, capital support, pipeline connectivity and improved access to finance. Praj said these developments are expected to create new opportunities across its key business areas and support growth in the coming quarters.
Founded more than four decades ago, Praj Industries is an industrial biotechnology company serving the environment, energy and agri-process sectors. The company has more than 1,000 customer references across over 100 countries and six continents. Its technology platforms include BioMobility® for renewable transportation fuels and Bio-Prism® for renewable chemicals and materials. Praj Matrix, the company’s research and development centre, supports technology development for bioeconomy applications.
Praj’s portfolio also includes bioenergy solutions, critical process equipment and modularisation, brewery systems, zero liquid discharge systems and high-purity water solutions. The company is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
