Punj Lloyd : September net profit at Rs 30 crore

Indian Infrastructure major Punj Lloyd had reported a consolidated PAT (Profit After Tax) of Rs 30 crore for the second quarter ended September 30, 2011 compared with Rs 21 crore in the same period in the last financial year.

The company's revenues for the second quarter stood at Rs 2,459 crore, a growth of 24% over Rs. 1,991 crore logged in the same quarter in 2010.

Mr. Atul Punj, Chairman Punj Lloyd group
said, “We have been able to achieve order inflow of Rs. 10,286 crore in first half of 2011-12, more than the order inflow of Rs 9,978 crore of the last full financial year, inspite of the challenging external environment.”

For the first half ended on September 30, 2011 the group reported a revenue of Rs. 4,726 crore, compared with Rs. 3,729 crore, a growth of 27%. PAT for the first half stood at Rs. 17 crore as compared to loss after tax of Rs. 8 crore in the same period last year.

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