Audited Financial Results for quarter & year ended 31st March, 2026.
PRAJIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Praj Industries reported standalone PAT of ₹2,644.3 million for FY26, up 119.5% from ₹1,204.9 million in FY25, driven by higher revenue (₹27,447 million vs ₹25,859 million) and improved margins. However, consolidated PAT collapsed to ₹238.4 million from ₹2,189.1 million in the prior year, a decline of 89%, as subsidiaries underperformed. Consolidated revenue also fell 1.9% to ₹31,679 million. The company recorded exceptional items of ₹80.6 million (standalone reversal of labour code provisions) and ₹281.6 million (consolidated) related to new Indian labour codes. Statutory auditors MSKA & Associates issued unmodified (clean) opinions on both standalone and consolidated results. The board proposed a final dividend of ₹3.60 per share (180% on face value of ₹2).
Standalone results show strong profitability growth, but the massive consolidated PAT decline signals significant subsidiary-level challenges. Investors should monitor subsidiary performance and the impact of labour code implementations on future earnings. The clean audit opinion provides assurance on financial reporting integrity.