Praj Industries reports earnings miss with surprise loss
after close1 source ↓written by the desknot a recommendation
- on revenues
- ₹8.4b
- to close
- 8.0%
- to close
- ₹308
- in earnings
- 284% increase
Praj Industries Limited reported a statutory loss of ₹0.67 per share on revenues of ₹8.4b, missing analyst expectations. Despite this, shares rose 8.0% to close at ₹308. Analysts now forecast revenues of ₹36.5b and earnings per share of ₹10.88 for 2027, indicating a potential 284% increase in earnings.
Not investment advice. For informational purposes only.