Punj Lloyd swung to a loss for the quarter ended September 2014. During the quarter, the company reported a loss of Rs 2,635.10 million compared with a profit of Rs 16.00 million in the same quarter previous year.
Net sales for the quarter declined 42.71% to Rs 12,732.50 million, compared with Rs 22,224.40 million for the prior year period.
Earnings per share stood negative at Rs 7.93 compared with Rs 0.05 in same quarter last year.
| Quarterly Results - Standalone (Rs in mn) |
| As at | Sep - 14 | Sep - 13 | %Change |
| Net Sales | 12,732.50 | 22,224.40 | (42.71) |
| Net Profit | (2,635.10) | 16.00 | - |
| Basic EPS | (7.93) | 0.05 | - |
Shares of the company gained Rs 2.2, or 5.74%, to settle at Rs 40.55. The total volume of shares traded was 1,936,103 at the BSE (Friday).
