Punj Lloyd Q1 FY26-27 results: losses continue, company under liquidation

Punj Lloyd posted Q1 FY26-27 standalone loss of Rs 4.13 crore on revenue of Rs 15.86 crore. Consolidated loss was Rs 7.65 crore with negative net worth of Rs 922.59 crore. The company remains in liquidation since May 2022 after NCLT admitted ICICI Bank CIRP petition in March 2019. Board accepted resignation of Mr. Rajeev Pal and appointed Mr. Rahul Singh Tomar as director. Shah Dhandharia and Co. LLP recommended as joint statutory auditors. Full year FY26 saw standalone loss of Rs 1,211 crore including exceptional items of Rs 1,312 crore.