Business Daily from THE HINDU group of publications
Friday, Nov 02, 2007
ePaper | Mobile/PDA Version
Business Daily from THE HINDU group of publications Friday, Nov 02, 2007 ePaper | Mobile/PDA Version |
|
|
|
|
|
|
|
Corporate Results
-
Real Estate & Construction Punj Lloyd Q2 net zooms on global operations 
Our Bureau New Delhi, Nov. 1 Engineering and construction major Punj Lloyd on Wednesday reported a 167 per cent jump in consolidated net profit at Rs 89.44 crore for the quarter ended September 30 compared to Rs 33.55 crore during the same quarter a year ago, mainly on the back of business from its international operations. The company’s consolidated net sales rose 60 per cent to Rs 1,894.21 crore during July-September quarter (Rs 1,184.27 crore), the company release said. “Strong execution combined with a diverse business portfolio helped PLL achieve these results,” Punj Lloyd Chairman, Mr Atul Punj, said. Share of revenue from international operations during the quarter constituted 66 per cent of the consolidated revenue. Order inflow during the quarter at Rs 2,455 crore signifies the company’s sustained leadership position in the industry, the release said. For the first six months of the current fiscal, the consolidated net profit increased by 148.89 per cent at Rs 148.91 crore (Rs 59.83 crore). The consolidated net income rose by 65.27 per cent at Rs 3,342.66 crore (Rs 2,022.55 crore).
The company today also announced the induction of Mr Niten Malhan, Managing Director, Warburg Pincus to its board of directors. Punj Lloyd forms jt venture co in Saudi Punj Lloyd Q4 consolidated net at Rs 88.49 cr Punj Lloyd bags Oman Gas order More Stories on : Real Estate & Construction
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|