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    Punj Lloyd Q3 PAT seen up at Rs 55 cr

    Engineering and construction company Punj Lloyd is set to declare its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up at Rs 55 crore from Rs 12.4 crore in same period the previous year.

    February 07, 2011 / 11:37 IST

    Engineering and construction company Punj Lloyd is set to declare its results for the quarter ended December 2010. According to CNBC-TV18 estimates, its profit after tax (PAT) is expected to go up at Rs 55 crore from Rs 12.4 crore in same period the previous year.

    Sales are seen going down by 8.7% at Rs 2,650 crore from Rs 2,903.9 crore (YoY). Operating profit margin is seen improving at 8.4% versus 7.7%.

    Factors to watch:

    -Expects some improvement on the back of improved execution
    -Revenue is expected to decline however due to high base effect
    -Completion of loss making orders in FY10 and limited cost overruns to improve margins

    first published: Feb 7, 2011 11:36 am

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