Punj Lloyd has reported results for first quarter ended June 30, 2014.
The company has reported a net loss of Rs 363.92 crore as compared to a net profit of Rs 4.95 crore for the quarter ended June 30, 2013. The company’s total income from operations has decreased by 50.03% to Rs 1113.83 crore for the quarter under review from Rs 2228.92 crore for the corresponding quarter of the previous year.
Punj Lloyd provides engineering, procurement, construction (EPC) and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.
