Punj Lloyd has reported results for first quarter ended June 30, 2015.
The company has reported a net loss of Rs 597.84 crore for the quarter ended June 30, 2015 as compared to a net loss of Rs 363.92 crore for the same quarter in the previous year. The company’s total income has decreased by 38.96% to Rs 685.23 crore for the quarter under review from Rs 1122.57 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.