The company had posted a net profit of Rs 1 crore for the corresponding quarter of the previous financial year, Punj Lloyd said in a statement.
Total income of the company decreased to Rs 1,418.72 crore from Rs 2038 crore, in the same period, last fiscal.
"The spate of initiatives taken by the new government have raised industry sentiments and I am confident that with the effective implementation of new orders and the increased opportunities for EPC players, business prospects are bright," said Punj Lloyd Group, Chairman, Atul Punj.
Shares of the company closed at Rs 34.35, down 3.10 per cent on the BSE.
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