Punj Lloyd swung to a loss for the quarter ended March 2014. During the quarter, the company reported a loss of Rs 3,820.80 million compared with a profit of Rs 153.10 million in the same quarter last year.
Net sales for the quarter declined 26.01% to Rs 23,986.70 million, compared with Rs 32,419.20 million for the prior year period.
Earnings per share stood negative at Rs 11.50 compared with Rs 0.46 in same quarter last year.
Quarterly Results - (Rs in mn) |
As at | Mar - 14 | Mar - 13 | %Change |
Net Sales | 23,986.70 | 32,419.20 | (26.01) |
Net Profit | (3,820.80) | 153.10 | - |
Basic EPS | (11.50) | 0.46 | - |
Shares of the company gained Rs 1.65, or 4%, to settle at Rs 42.90. The total volume of shares traded was 3,596,687 at the BSE (Tuesday).