Praj Industries climbed as much as 8% on Friday and touched a fresh day high of Rs 347.70, driven by a sharp jump in first-quarter profit.

Profit was the standout number here. Net profit came in at Rs 11.6 crore for the June quarter, more than double last year’s Rs 5.3 crore.

Revenue moved up too. It rose nearly 12% to Rs 715.8 crore from Rs 640 crore a year ago.

Margins tell a slightly different story. EBITDA stood at Rs 30 crore, a touch lower than last year’s Rs 31.2 crore. The EBITDA margin narrowed to 4.19% from 4.88% a year earlier.

A large part of the profit jump traces back to a one-off item. Other income more than doubled to Rs 19.9 crore, largely from an insurance payout linked to a fire at the company’s Urwade facility in March 2025.

The bio energy and HiPurity businesses drove most of the growth this quarter. Engineering was the laggard, with revenue down 4% from a year ago.

Order numbers add more context on where the business stands. Praj booked Rs 1,000 crore in fresh orders during the quarter, taking its total order book to Rs 4,589 crore.

The split between domestic and overseas orders was uneven. Orders from within India surged nearly 41% to Rs 538.6 crore, while orders from outside India fell over 31% to Rs 177 crore.

That mix suggests demand is currently leaning more on the domestic market than exports, even as the overall order book keeps growing.

As of 12:14 pm on 14 August, Praj Industries shares were trading at Rs 337.30 on the NSE, up 4.90% for the day. The stock has gained a little over 8% so far this year.

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