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  Business   Companies  11 Nov 2017  Punj Lloyd Q2 net loss widens to Rs 248 crore

Punj Lloyd Q2 net loss widens to Rs 248 crore

PTI
Published : Nov 11, 2017, 4:58 pm IST
Updated : Nov 11, 2017, 4:58 pm IST

Total income from operations rose marginally to Rs 1,086 crore from Rs 1,024 crore.

Company had posted a net loss of Rs 226 crore in the corresponding quarter of previous fiscal, Punj Lloyd said in a BSE filing.
 Company had posted a net loss of Rs 226 crore in the corresponding quarter of previous fiscal, Punj Lloyd said in a BSE filing.

New Delhi: Punj Lloyd Ltd, the diversified engineering, procurement and construction conglomerate, on Friday posted a loss of Rs 248.42 on standalone basis for the second quarter ended September 30.

The company had posted a net loss of Rs 226 crore in the corresponding quarter of previous fiscal, Punj Lloyd said in a BSE filing.

 

However, total income from operations rose marginally to Rs 1,086 crore from Rs 1,024 crore in the year-ago period.

At the same time, total expenses of the company rose to Rs 1,334.77 crore from Rs 1,249.83 crore in the same quarter a year ago.  

Tags: punj lloyd, loss, revenue, shares
Location: India, Delhi, New Delhi