Engineers India Ltd Q4FY24; 39% fall in Profits

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 Q4FY24 of ₹805.00 Crores down from ₹880.00 Crore year on year, a fall of 8.52%.

Total Expenses for Q4FY24 of ₹740.00 Crores up from ₹720.00 Crores year on year, a rise of 2.78%.

Consolidated Net Profit of ₹116.00 Crores down 38.95% from ₹190.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹2.06, down 39.05% from ₹3.38 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.