Categories AlphaGraphs, Earnings

Engineers India Ltd Q2FY24; 69% rise in Profits

Established in 1965, Engineers India Ltd (EIL) is a leading global engineering consultancy and EPC company owned by the Govt. Of India operating under the administrative control of the Ministry of Petroleum and Natural Gas (MoPNG). EIL primarily provides engineering consultancy and EPC services focused on the oil & gas and petrochemical industries.

Financial Results:

Engineers India Ltd reported Revenues for Q2FY24 of ₹790.00 Crores down from ₹793.00 Crore year on year, a fall of 0.38%.

Total Expenses for Q2FY24 of ₹699.00 Crores down from ₹755.00 Crores year on year, a fall of 7.42%.

Consolidated Net Profit of ₹127.00 Crores up 69.33% from ₹75.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.27, up 69.40% from ₹1.34 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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