The company had clocked Rs 8.8 crore net profit in the corresponding quarter last fiscal, it said in a statement.
Total income of the company fell to Rs 2,774 crore from Rs 2,881 crore a year ago. Expenses, on the other hand, rose to Rs 2,730 crore from Rs 2,678 crore a year earlier.
"While the environment continues to be challenging, initiatives and developments at Punj Lloyd make us cautious but optimistic about the future," Punj Lloyd Group Chairman Atul Punj said.
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