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Last Updated : Aug 01, 2013 07:06 PM IST | Source: Moneycontrol.com

Punj Lloyd to post Q1 net profit at Rs 8.5 cr: Kotak Sec

Kotak Securities expects Punj Lloyd to report a profit of Rs 8.5 crore in June quarter as against a loss of Rs 13.4 crore in a year ago period and profit of Rs 15.3 crore in previous quarter.

 
 
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Kotak Securities has come out with its first quarter (April-June) earnings estimates for the construction and engineering sector. The brokerage house expects Punj Lloyd to report a profit of Rs 8.5 crore in June quarter as against a loss of Rs 13.4 crore in a year ago period and profit of Rs 15.3 crore in previous quarter.


Revenues are expected to decrease by 14.7 percent Q-o-Q (up 0.8 percent Y-o-Y) to Rs 2,727.8 crore, according to Kotak Securities.



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First Published on Aug 1, 2013 07:06 pm
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