PRAJ INDUSTRIES (PRAJIND)
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Praj Industries inks development & commercialization agreement for bio-isobutanol with Gevo
Praj Industries inks development & commercialization agreement for bio-isobutanol with Gevo Praj Industries said that it signed a development & commercialization agreement for bio-isobutanol (Bio-IBA) technology in India. Under the agreement, Praj will lead the commercialization of Bio-IBA technology in India, with exclusive rights to deploy the technology in the country.
Praj Industries Q1 profit doubles to Rs 11.60 crore
Praj Inds climbs as Q1 PAT more than doubles to Rs 12 cr Praj Industries rallied 4.45% to Rs 335.82 after the company reported a sharp 117.64% jump in consolidated net profit to Rs 11.60 crore in Q1 FY27 from Rs 5.33 crore in Q1 FY26. Revenue from operations increased 11.81% YoY to Rs 715.82 crore in Q1 FY27.Profit before tax (PBT) soared 119.17% YoY to Rs 21.04 crore in Q1 FY27. EBITDA stood at Rs 30 crore in Q1 FY27, down 4.46% from Rs 31.40 crore in Q1 FY26.
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