This stock zoomed over 600% in a year, did you miss the rally?
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Praj Industries galloped 8.68% to Rs 270.55 after the company s consolidated net profit surged 109.2% to Rs 52.01 crore on 91.4% increase in net sales to Rs 567.10 crore in Q4 FY21 over Q4 FY20.
The profit before tax (PBT) stood at Rs 73.19 crore compared with Rs 31.67 crore in Q4 FY20, registering a growth of 131.01% Y-o-Y (year-on-year).
The order intake during the quarter was at Rs 650 crore. The consolidated order backlog as on 31 March 2021 stood at Rs 1,748 crore (FY20 order backlog at Rs 1,083 crore), which comprised 85% domestic orders and 15% international orders.
The board of the company, at its meeting held on Thursday, 6 May 2021, recommended a dividend of Rs 2.16 per equity share.
Praj Industries jumps 11% after upbeat Q4 results
SECTIONS
Share
Synopsis
The scrip surged 11 per cent to hit a new 52-week high of Rs 276.80 on Friday, a day after closing at Rs 248.95.
Agencies
Related
NSE
Explore Now
NEW DELHI: Praj Industries shares soared as much as 11 per cent on Friday after the company reported a consolidated profit after tax (PAT) of Rs 52 crore for the quarter ended March 2021. The company s PAT had stood at Rs 24.86 crore in the year-ago period.
The scrip surged 11 per cent to hit a new 52-week high of Rs 276.80 on Friday, a day after closing at Rs 248.95. The stock sharply outperformed the S&P BSE Sensex index, which was up 0.94 per cent at 49,411.85.
Praj Industries consolidated Q4 PAT at ₹52 cr
PTI
Mumbai |
Updated on
×
The company reported robust performance in the fourth quarter to close FY21 on a strong note 6 Industrial biotechnology company Praj Industries on Thursday reported a consolidated profit after tax (PAT) of ₹52 crore for the quarter ended March 31, 2021. The company s PAT stood at ₹24.86 crore in the year-ago period. Income from operations grew by 91.40 per cent to ₹567.1 crore compared to ₹296.29 crore in the corresponding quarter of FY20. The company s consolidated PAT for 2020-21 grew by 15.10 per cent to ₹81.07 crore as against ₹70.43 crore in FY20. Income from operations went up by 18.35 per cent to ₹1,304.67 crore from ₹1,102.37 crore in FY20.
vimarsana © 2020. All Rights Reserved.