Punj Lloyd Q1 cons net sales at Rs 2,955.1 Cr Vs Rs 2,648.8 Cr; cons net profit at Rs 127.2 Cr Vs Rs 111.9 Cr (YoY); The company is expecting surge in business in India. Focus from FY10 onwards is to improve the bottomline. bagged new orders worth Rs 9,946 Cr; current order backlog stands at Rs 27889 Cr
GAIL, the country’s largest gas marketing company would invest Rs 8,000 crore to expand its pipeline network. Of this, Rs 7,600 crore would be invested in constructing a 2,050 km pipeline from Jagdishpur to Haldia. This is so far the single largest investment in any pipeline by GAIL
Power equipment supplier BGR Energy Systems has bagged an order worth $80.5 million (nearly Rs 387.83 crore) from State Company for Oil Projects, Iraq for development of two gas fields.
Infrastructure developer Subhash Projects & Marketing (SPML) has bagged three orders worth Rs 151.80 crore from different government agencies for construction-related projects.
