EIL is a CPSU with majority ownership of the GoI operating under the administrative control of MoPNG.
EIL provides consultancy and engineering services and undertakes turnkey contracts, which includes complete range of project services right from project conceptualization, planning, design, engineering, procurement, construction and commissioning as per client’s requirement and specifications and providing post-execution services for maintenance and monitoring the operation of plant in various industries.
Financial Results:
Engineers India Ltd reported Revenues for Q2FY25 of ₹689.00 Crores down from ₹790.00 Crore year on year, a fall of 12.78%.
Total Expenses for Q2FY25 of ₹638.00 Crores down from ₹699.00 Crores year on year, a fall of 8.73%.
Consolidated Net Profit of ₹100.00 Crores down 21.26% from ₹127.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹1.77, down 22.03% from ₹2.27 in the same quarter of the previous year.