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Our Bureau

Pune Jan. 9

, Praj Industries has posted a total income of Rs 179.90 crore for the quarter ended December 2006. This is against Rs 53.83 crore registered for the corresponding period last year. Profit before tax stood at Rs 44.77 crore for the third quarter of the current fiscal (Rs 5.06 crore). Profit after tax is Rs 33.64 crore (Rs 3.70 crore). .

Total income for the nine months stood at Rs 409.87 crore (Rs 172.54 crore). Profit before tax was Rs 78.37 crore (Rs 18.54 crore).

Pending orders, as of January, are in the region of Rs 800 crore. To address the enhanced performance levels, Praj has decided to set up manufacturing facilities near the Mumbai port and at the Kandla SEZ. The facility near Mumbai is already in operation while the Kandla facility is under construction.

On the engineering side, it has doubled its staff strength and further additions are on, according to the Praj Chairman, Mr Pramod Chaudhari.

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Praj Industries Q3 PAT at Rs 33.64 cr

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