PUNJ LLOYD
This capital goods company, net loss for the Q2FY16 quarter came in at Rs.283 crore v.s loss of Rs.264 crore in previous Q2 though loss has come down sequentially from Rs.598 crore. Its loss for H1FY16 stands at Rs.881 crore.
Net sales was down 20% (YoY) at Rs.1004 crore while expenses rose 22% at Rs.1141 crore. Other income showed an over 3.2 times rise but that too did not help. Finance cost is at Rs.209 crore, this has come lower on account of lowering of interest rate or else the debt has actually gone up. Its debt as at 30th Sept 2015 stands at Rs.5056 crore, up from Rs.4554 crore in previous Q2.
Its order backlog, which is new as well as unexecuted old orders stands currently at Rs.19,802 crore of which 44% is from B&I sector. Pipeline and tankage comprises 35%.