Praj Industries reports marginal rise in Q4 consolidated net profit

30 May 2024 Evaluate

Praj Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 2.23% fall in its net profit at Rs 75.52 crore for the quarter under review as compared to Rs 77.24 crore for the same quarter in the previous year. Total income of the company decreased by 4.47% at Rs 851.75 crore for Q4FY24 as compared Rs 891.58 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 4.33% rise in its net profit at Rs 91.94 crore for fourth quarter ended March 31, 2024 as compared to Rs 88.12 crore for the same quarter in the previous year. Total income of the company increased by 0.96% at Rs 1,029.99 crore for Q4FY24 as compared Rs 1020.18 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 18.02% rise in its net profit at Rs 280.42 crore as compared to Rs 237.61 crore for the previous year. However, total income of the company decreased by 4.53% at Rs 3,058.03 crore for year under review as compared to Rs 3,203.21 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 18.17% rise in its net profit at Rs 283.39 crore as compared to Rs 239.82 crore for the previous year. However, total income of the company decreased by 1.51% at Rs 3,509.78 crore for year under review as compared to Rs 3563.64 crore for year ended March 31, 2023.

Praj Industries Share Price

809.70 -11.80 (-1.44%)
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