Punj Lloyd Group, the diversified engineering, procurement and construction conglomerate, today announced its financial results for the second quarter of FY 2011-2012
Standalone Results
Q2 FY2012 Financial highlights
1. Revenues for the quarter at INR 1263 crore as compared to INR 1055 crores (20% growth)
2. EBIDTA at INR 177 crores compared to INR 122 crores (45 % growth)
3. PBT at INR 20 crores compared to INR 4 crores
4. PAT at INR 17 crores compared to INR at INR 1 crores
H1 FY2012 Results
1. Revenues at INR 2616 crores as compared to INR 2127 crores (23% growth)
2. EBIDTA at INR 334 crores as compared to INR 216 crores (55 % growth)
3. PBT at INR 34 crores as compared to loss before tax of INR 10 crores
4. PAT at INR 22 crores as compared to loss after tax of INR 17 crores
Consolidated Results -
Q2 FY2012 Financial highlights
1. Revenues for the quarter at INR 2459 crores as compared to INR 1991 crores (24 % growth)
2. EBIDTA at INR 269 crores compared to INR 186 crores (45 % growth)
3. PBT at INR 61 crores compared to INR 26 crores
4. PAT at INR 30 crores compared to INR 21 crores
H1 FY2012 Results
1. Revenues at INR 4726 crores as compared to INR 3729 crores
2. EBIDTA at INR 453 crores as compared to INR 325 crores (39 % growth)
3. PBT at INR 70 crores as compared to INR 19 crores
4. PAT at INR 17 crores as compared to loss after tax of INR 8 crores
Speaking on the occasion, Mr Atul Punj chairman Punj Lloyd Group commented that “The current financial year has shown promising growth in our order inflow which has translated into an increase in topline. Our strategy has been validated by focussing on global markets. We have been able to achieve order inflow of INR 10,286 crore in H1 FY2012, more than the order inflow of INR 9,978 crore of the last full financial year, inspite of the challenging external environment.
He added that “The macro environment in Libya is expected to improve and we hope to resume our operations over the next few months. While the Indian environment has challenges of high interest rates, high work capital and rising commodity prices, we remain cautiously optimistic owing to our strong order book, geographical and business diversification.”
