Punj Lloyd Consolidated Q3 revenue was down 27.4% at Rs 2119 crore versus Rs 2918 crore, YoY.
Its net loss was at Rs 62 crore versus net profit Rs 12 crore, YoY.
The company's EBITDA was at Rs 104 crore versus Rs 228 crore, YoY.
Order cancellations, deteriorating working capital intensity and concerns of failure in an arbitration proceeding are the factors working against the company.
Its new orders worth Rs 9238 crore bagged during the current year FY2011, order backlog stands at Rs 27,780 crore.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd
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