Engineers India Ltd, a Navratna CPSU under MoPNG providing engineering consultancy and turnkey project services across hydrocarbons, infrastructure, and other sectors, reported robust revenue growth but lower profits in Q2FY26.
Financial Highlights:
- Revenues surged 33.67% year-on-year to ₹921 crore from ₹689 crore (standalone ₹900 crore).
- Total expenses rose 27.43% to ₹813 crore from ₹638 crore.
- Consolidated net profit fell 17.0% to ₹83 crore from ₹100 crore.
- Earnings per share declined 15.82% to ₹1.49 from ₹1.77.
Strong order inflows (₹4,000 crore YTD, order book at ₹13,131 crore record high) drove revenue, but higher expenses pressured margins.
Outlook:
Engineers India Ltd targets >25% revenue CAGR with international expansion (₹1,680 crore overseas orders) and balanced consultancy/turnkey growth.
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