Infrastructure major Punj Lloyd today saw its net loss narrowing to Rs 194.32 crore for the first quarter ended June 30, 2017.
Net sales of the company during the quarter rose to Rs 977.34 crore from Rs 887.57 crore during the corresponding quarter a year ago.
Its total expenses too rose to Rs 1,286.22 crore during the quarter under review as against Rs 1,221.56 crore in the year-ago period.
Punj Lloyd Group is a diversified international conglomerate offering EPC services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)