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Punj Lloyd Q2 loss widens to Rs 248 cr on higher expenses

Total income from operations rose marginally to Rs 1,086 crore from Rs 1,024 crore in the year-ago period

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Press Trust of India New Delhi
Punj Lloyd Ltd, the diversified engineering, procurement and construction conglomerate, on Saturday, posted a loss of Rs 248.42 on a standalone basis for the second quarter ended September 30.

The company had posted a net loss of Rs 226 crore in the corresponding quarter of previous fiscal, Punj Lloyd said in a BSE filing.

However, total income from operations rose marginally to Rs 1,086 crore from Rs 1,024 crore in the year-ago period.

At the same time, total expenses of the company rose to Rs 1,334.77 crore from Rs 1,249.83 crore in the same quarter a year ago.

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First Published: Nov 11 2017 | 4:23 PM IST

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