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New Delhi Jan. 30 Punj Lloyd Ltd has reported a net profit of Rs 48.3 crore and a consolidated net income of Rs 1,463.5 crore during the third quarter of the current fiscal. The company was listed on the stock exchanges only in January 2006 and hence the figures for the corresponding period were not available.

The company said in a statement that it earned a net profit of Rs 108 crore and a consolidated net income of Rs 3,486.1 crore for the nine-month period ended December 31, 2006.

"The benefits of Sembawang acquisition have started flowing in with the group winning a prestigious $290 million order from ONGC. The acquisition helped us in meeting ONGC's stringent pre-qualification criteria," its Chairman, Mr Atul Punj, said in the statement.

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