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Praj Industries reported FY25 revenue of ₹3,228.04 Cr and PAT of ₹218.93 Cr. Q4 revenue declined to ₹859.68 Cr from ₹1,018.56 Cr YoY, with PAT at ₹39.82 Cr, down from ₹91.94 Cr. The quarter saw order intake of ₹1,032 Cr, boosting the consolidated backlog to ₹4,293 Cr, up from ₹3,855 Cr YoY. Key developments include a partnership with Thyssenkrupp for PLA production and international orders for a grain-based ethanol plant in Paraguay, along with new CBG projects alongside BPCL and other industry leaders.