Prajay Engineers Syndicate Reports Declining Profitability and Sales in May 2025 Results
Prajay Engineers Syndicate has reported its financial results for the quarter ending March 2025, revealing a challenging period. The company experienced declines in both Profit Before Tax and Profit After Tax, alongside a significant year-on-year drop in net sales, indicating ongoing difficulties in the realty sector.
Prajay Engineers Syndicate, a microcap player in the realty sector, has recently reported its financial results for the quarter ending March 2025. The results, declared on May 28, 2025, indicate a challenging period for the company, with notable shifts in its financial metrics.The Profit Before Tax (PBT) for the quarter stands at Rs -15.20 crore, reflecting a significant decline compared to the average PBT of the previous four quarters, which was Rs -10.73 crore. This trend suggests a concerning trajectory for the company's profitability. Similarly, the Profit After Tax (PAT) has also shown a downward movement, recorded at Rs -13.89 crore, which is markedly lower than the average PAT of Rs -9.37 crore from the prior quarters.
Additionally, net sales for the latest six months reached Rs 27.08 crore, which represents a substantial year-on-year decline of 42.59%. This trend further underscores the difficulties faced by Prajay Engineers in maintaining sales momentum.
In light of these developments, the company's evaluation has undergone adjustments, reflecting the current financial landscape.
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