Praj Industries Limited has informed the Exchange regarding Outcome of Board Meeting held on April 29, 2025.
PRAJIND · price
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Praj Industries reported its audited results for Q4 and FY25, with standalone revenue falling to Rs 27,447 million from Rs 29,896 million in FY24, an ~8% decline. Q4 standalone revenue dropped ~16% to Rs 7,011 million. Standalone profit after tax dipped to Rs 2,644 million from Rs 2,804 million, while consolidated PAT fell sharper to Rs 2,189 million (vs Rs 2,834 million), weighed by Rs 768 million in scale-up costs at subsidiary Praj GenX. The board declared a Rs 6 per share final dividend (300% on face value) subject to shareholder approval. Auditors PG Bhagwat LLP issued an unmodified opinion on both standalone and consolidated results.
Mixed for shareholders — top-line and bottom-line declined year-on-year, but the company maintained profitability, offered a healthy dividend, and received a clean audit opinion. Investors should watch for GenX's contribution to revenue in FY26 and recovery of insurance claims from the March 2025 fire at the R&D facility.