Punj Lloyd has reported results for second quarter ended September 30, 2014.
The company has reported net loss of Rs 263.51 crore for the quarter ended September 30, 2014 as compared to a net profit of Rs 1.60 crore for the same quarter in the previous year. Total income has decreased by 42.14% at Rs 1290.57 crore for quarter under review as compared to Rs 2230.37 crore for the quarter ended September 30, 2013.
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.