Construction & Engineering company Praj Industries announced Q1FY24 results:
- Income from operations stood at Rs 7,367.227 million (Q1FY23: Rs 7,319.714 million; Q4FY23: Rs 10,039.845 million)
- PBT is at Rs 777.033 million for the period (Q1FY23: Rs 542.341 million; Q4FY23: Rs 1,128.133 million)
- PAT is at Rs 586.726 million (Q1FY23: Rs 412.632 million; Q4FY23: Rs 881.151 million)
- Order intake during Q1FY23 Rs 11,010 million, 35% from international markets
Commenting on the Company’s performance, Shishir Joshipura, CEO & MD, Praj Industries said, “We have started FY24 on a positive note with a healthy order book and improvement in profitability. With a positive business environment, increasing share of international orders, and strong delivery capabilities, we hope to continue on our growth journey.”