Vishnu Prakash R Punglia Reports ₹151.77 Cr Loss Before Tax

Vishnu Prakash R Punglia Ltd has reported a loss before tax of approximately ₹151.77 crore for the quarter. The company clarified that this loss is primarily driven by exceptional, non-recurring, and timing-related factors rather than operational weakness. Key contributors include a ₹22.42 crore impact from the termination of the Jaipur-Sawai Madhopur project, a ₹17.65 crore revenue reversal due to pending administrative approvals, ₹31.00 crore in additional costs from delayed government payments, and ₹65 crore in Expected Credit Loss (ECL) and other accounting provisions. Management remains confident in the company's long-term viability, citing a healthy order book and the expectation of recovering these claims.