Praj Industries has reported results for the first quarter ended June 30, 2020.
The company has reported a net loss of Rs 11.30 crore for the quarter under review against net profit of Rs 12.70 crore for the same quarter in the previous year. Total income of the company decreased by 50.51% at Rs 95.95 crore for Q1FY21 as compared Rs 193.89 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a net loss attributed to owner at Rs 10.50 crore for the quarter under review against net profit of Rs 8.77 crore for the same quarter in the previous year. Total income of the company decreased by 38.83% at Rs 134.51 crore for Q1FY21 as compared Rs 219.91 crore for the corresponding quarter previous year.
