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Construction : Web Exclusive | February 2017 | Source : Infrastructure Today

Punj Lloyd Q3 net loss down to Rs 232 crore

Infrastructure major Punj Lloyd's net loss has narrowed to Rs 231.81 crore during the quarter ended December 31, 2016.

The company had clocked a net loss of Rs 309.31 crore in the October-December quarter of 2015-16. Total income from operations was Rs 996.77 crore during the quarter under review as against Rs 1,007.84 crore in the corresponding quarter of the last financial year.

Total expenses were Rs 1,018.46 crore during the quarter over Rs 1,064.60 crore in the comparable period in the last financial year.

Engineering, procurement and construction services reported revenue of Rs 922.46 crore, while revenue from traded goods stood at Rs 69 crore.
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