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Praj Industries Ltd share price slipped 1.52% to Rs 324.45 after the company`s net profit remained flat to Rs 11.61 crore, while revenue from operations reduced 15.24% to Rs 715.82 crore in Q2FY26 over Q1FY26. The market capitalization of Industrial Products industry group stocks on BSE stood at Rs 2.7 lakh crore, easing 4.98%. It has eased by 0.26% over last one week and soared by 41.62% in last one month while the market capitalization of Praj Industries Ltd has marginally improved by 1.55% and 12.50% in the same period respectively. Profit before tax (PBT) of Praj Industries Ltd stood at Rs 21.05 crore in Q2 FY26, surging by 119.04% year-on-year, and retreating 10.54% quarter-on-quarter. EBITDA came in at Rs 10 crore, plunging by 55.91% YoY and tumbling by 946.22% sequentially. Total expenses fell by 16.19% to Rs 711.02 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 360.82 crore, falling by 18.50% YoY, while employee benefits expense was at Rs 82.44 crore, tanking by 13.90% YoY. For the TTM ended FY26, revenue from operations softened by 1.86% to Rs 3167.88 crore, while net profit tanked by 89.11% to Rs 23.85 crore, compared to previous TTM. EBITDA jumped by 27183% to Rs 101.42 crore, and PBT plunged by 83.28% to Rs 49.92 crore compared to previous TTM. The company`s consolidated net cash flow from operating activities stood at Rs 200.09 crore in FY26, as against Rs 42.96 crore in FY25. Praj Industries Ltd tumbled by 21.47% in last one year, underperforming the benchmark BSE Sensex which has slipped by 2.83% during the same period.

Praj Industries Limited announced that Berjis Desai retired as a Non-Executive Director following the conclusion of the company’s 40th Annual General Meeting on August 13, 2026, due to his appointment as a Member of the National Commission for Minorities; shareholders also re-appointed Rujuta Jagtap as an Independent Director for a further period of three years, effective August 21, 2026, until August 20, 2029.

Praj Industries will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Praj Industries announced that the 40th Annual General Meeting(AGM) of the company will be held on 13 August 2026.

Praj Industries has appointed Sachin Raole (DIN: 00431438) as a Joint Managing Director & Chief Financial Officer for a period of five (5) years with effect from 30 April 2026 till 29 April 2031.