Stock Market Today: Praj Industries share price declined more than 9% post Q1 results that were declared after the market hours on Monday. Do you own it?

Praj Industries Q1 Results

Praj Industries reported a net profit of ₹5.34 crore during the April-June 2025 quarter, marking a decline of more than 90% compared to ₹84.18 crore in the April-June 2025 quarter, leading to disappointment among market participants and a significant decline in the Praj Industries share price. On a sequential basis too, the reported net profit declined significantly compared to ₹39.82 crore in the January-March 2025 quarter.

The decline, as per the management, was attributed to the domestic ethanol market participants taking a cautious stance after meeting the 20% EBP objective and upcoming blending mandates. The Q1FY26 performance was further impacted by factors such as geopolitical uncertainties and US trade policy, which delayed capital investment decisions.

Ashish Gaikwad, MD, Praj Industries, however in a statement said that despite these challenges, our core fundamentals remain strong, our growth vectors are intact, and therefore we are committed to our long-term growth aspirations.