Praj Industries Q1 Results Live : profit rise by 43.52% YOY

Praj Industries Q1 Results Live : Praj Industries declared their Q1 results on 25 Jul, 2024, with the topline decreasing by 5.1% and the profit increasing by 43.52% YoY.

Compared to the previous quarter, the revenue declined by 79.83% and the profit decreased by 70.29%.

The Selling, general & administrative expenses declined by 75.63% q-o-q and increased by 23.78% Y-o-Y.

The operating income was down by 79.67% q-o-q and increased by 6.55% Y-o-Y.

The EPS for Q1 is ₹3.38, which increased by 5.8% Y-o-Y.

Praj Industries delivered a 1.12% return in the last 1 week, 38.78% return in the last 6 months, and 27.67% YTD return.

Currently, Praj Industries has a market cap of ₹13047.97 Cr and a 52wk high/low of ₹757.95 & ₹398 respectively.

As of 26 Jul, 2024, out of 6 analysts covering the company, 1 analyst has given a Hold rating, 3 analysts have given a Buy rating, and 2 analysts have given a Strong Buy rating.

The consensus recommendation as of 26 Jul, 2024, was to Buy.