Total expenses jumped 66% YoY to Rs 816.96 crore in the second quarter, due to higher raw material costs (up 65.8% YoY), higher employee expenses (up 65.8% YoY) and higher other expenses (up 75.4% YoY). Profit before tax in Q2 FY23 stood at Rs 65.78 crore, up by 40.6% from Rs 46.77 crore in Q2 FY22. Praj Industries is an industrial biotechnology company. Its diverse portfolio comprises of bio-energy solutions, critical process equipment & skids, breweries, zero liquid discharge systems and high purity water systems. Powered by Capital Market – Live News
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