Punj Lloyd Q2 net loss widens to Rs 248 crore

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

Update: 2017-11-11 11:26 GMT
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.  

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