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Prajay Engineers Q3 Standalone Loss Widens to ₹1.54 Cr; Revenue Drops 31% YoY
Prajay Engineers Syndicate Limited reported a standalone net loss of ₹154.27 Lakhs for the quarter ended December 31, 2025, compared to a loss of ₹118.98 Lakhs in the previous year's corresponding quarter. Revenue from operations saw a significant decline of 31% YoY, falling to ₹609.15 Lakhs. For the nine-month period ended December 2025, the company's standalone loss widened to ₹1,045.84 Lakhs from ₹712.69 Lakhs YoY. The company also faces ongoing legal uncertainty due to arbitration proceedings with the Telangana Tourism Department regarding a major resort project.
Key Highlights
Standalone revenue from operations fell 31% YoY to ₹609.15 Lakhs in Q3 FY26.
Net loss for the quarter widened to ₹154.27 Lakhs from ₹118.98 Lakhs in Q3 FY25.
9-month (9M FY26) standalone loss increased to ₹1,045.84 Lakhs compared to ₹712.69 Lakhs in 9M FY25.
Construction segment revenue dropped sharply to ₹265.07 Lakhs from ₹632.34 Lakhs in the same quarter last year.
Auditors highlighted an ongoing arbitration with the Telangana Government regarding a lease agreement for Secunderabad Golf and Leisure Resort.
💼 Action for Investors
Investors should remain cautious as the company continues to report widening losses and a sharp decline in construction segment revenue. The pending arbitration with the state government adds significant legal risk to the company's outlook.