Press ReleasePunj Lloyd Group announces Q1 results for FY 2012New Delhi, August 12, 2011: Punj Lloyd Group, the diversified engineering, procurement and construction conglomerate, today announced its financial results for the first quarter of FY 2011-2012 at its Board of Directors’ meeting today.

Standalone Results –

Q1 FY2012 Financial highlights(All comparisons with Q1 FY2011)

- Revenues for the quarter at Rs. 1353 crore as compared to Rs. 1120 crore during the corresponding previous period (Q1 FY2011)

- EBIDTA at Rs 157 crore compared to Rs. 94 crore in Q1 FY2011

- PBT at Rs 14 crore compared to Rs (14) crore in Q1 FY2011

- PAT at Rs 5 crore compared to PAT at Rs. (19) crore in Q1 FY2011

- Basic EPS stands at Rs 0.16

Consolidated Results -

Q1 FY2012 Financial highlights(All comparisons with Q1 FY2011)

- Revenues for the quarter at Rs. 2266 crore as compared to Rs. 1738 crore during the corresponding previous period (Q1 FY2011)

- EBIDTA at Rs 184 crore compared to Rs. 138 crore in Q1 FY2011

- PBT at Rs 9 crore compared to Rs (7) crore in Q1 FY2011

- PAT at Rs(13) crore compared to Rs. (30) crore in Q1 FY2011

- Basic EPS stands at Rs (0.37)

Commenting on the Company’s performance for Q1 FY2012, Atul Punj, Chairman, Punj Lloyd, said, “Rising inflation, interest costs and commodity prices coupled with strong competitive pressures and political concerns pose a challenging environment in many parts of the world. However, with our strong order book and diverse execution capability, I remain confident of our company’s ability to deliver growth and create value.”

The company also announced a new contract worth Rs. 307 crore for Engineering, Procurement and Construction (EPC) of the Balance of Plant and Civil Work for 3 X 18 MW Coal Fired Steam Power Plant of P. T. Citra Kusuma Perdana at Sangatta, East Kalimantan, Indonesia.

As on August 12, 2011, Punj Lloyd Group has an order backlog of Rs 23,938 crore. This is the total value of unexecuted orders as on June 30, 2011, and new orders received after that day.

Key projects bagged during this year: