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Punj Lloyd Q1 net loss widens to Rs 216 cr

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Press Trust of India New Delhi
Last Updated : Aug 14 2018 | 7:05 PM IST

Infrastructure major Punj Lloyd today reported widening of net loss to Rs 215.64 crore for the quarter ended June 30, 2018.

The company suffered a loss of Rs 194.32 crore in the corresponding quarter of 2017-18, Punj Lloyd said in a BSE filing.

Net sales during the quarter rose to Rs 1,029.28 crore from Rs 977.34 crore in the year-ago period.

Total expenses too rose to Rs 1,339.08 crore as against Rs 1,286.22 crore earlier.

Punj Lloyd Group is a diversified international conglomerate offering EPC services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.

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First Published: Aug 14 2018 | 7:05 PM IST

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