Praj Industries- A business one of its kind
Look at this table. You’d probably think it belongs to a pharma firm, right? Year (Mar) R&D Spend (₹ Cr) Sales (₹ Cr) R&D as % of Sales 2019 20 1,141 2% 2020 23 1,102 2% 2021 21 1,305 2% 2022 27 2,343 1% 2023 40 3,528 1% 2024 98 3,466 3% 2025 70 3,228 […]