Praj Industries Limited, a leader in biotechnology and engineering, showcased its Q2 FY25 financial performance amidst mixed economic conditions. Despite a 10.2% decline in YoY operational income, Praj maintained a positive outlook with strategic advancements, especially in its bioenergy sector, which contributed a staggering 70% to H1 FY25 revenue. The company’s EBITDA margins remained steady, […]
Praj Industries, one of India’s leading biotech companies, has taken a giant leap towards sustainability with the unveiling of the country’s first demonstration facility for biopolymers. Located at Jejuri near Pune, this pioneering facility showcases Praj’s indigenously developed integrated Polylactic Acid (PLA) technology, pushing India to the forefront of eco-friendly innovation. The facility was inaugurated […]
Indian Oil Corporation Limited (IndianOil) and industrial biotech company Praj Industries Limited have formalized plans to bolster biofuels production capacities in India. The two companies signed a term sheet that includes a variety of biofuels, such as Sustainable Aviation Fuel (SAF), Ethanol, Compressed Bio-Gas (CBG), Biodiesel, and Bio-bitumen. This initiative follows an agreement reached in […]
Praj Industries has reported a profit after tax (PAT) of INR 62.31 crores for the third quarter of the fiscal year 2023 (Q3FY23), an increase of 62.3% compared to INR 37.05 crores in the same quarter of the previous fiscal year. The Pune-based project engineering company had a profit after tax of INR 48.13 crores […]
Praj Industries has developed an innovative technology for producing bio-bitumen based on lignin, a co-product resulting from the second generation ethanol plants, paper making, and compressed biogas plants. The Indian industrial biotech company said that Netherlands-based Circular Biobased Delta (CBBD), as a part of its flagship CHAPLIN program, has approved the former’s bio-bitumen samples processed […]
