Process solutions company Praj Industries today reported two-fold increase in net profit at Rs 25.51 crore for the quarter ending December 31, 2015.
The company had clocked a net profit of Rs 12.29 crore in the year ago period.
Total operating income rose to Rs 290.42 crore in October-December quarter of the current financial year, from Rs 219.34 crore in the year ago period, the company said in a regulatory filing.
During the third quarter the company's order book stood at Rs 300 crore with 56 per cent orders coming from ethanol sector followed by breweries industry.
The company has manufacturing facilities at four locations with total capacity in excess of 16,500 tonnes of fabrication per year.
Shares of the company today closed at Rs 97.25 apiece on BSE today.
