Engineers India has reported results for first quarter ended June 30, 2014.
The company’s net profit for the quarter has declined 37.84% at Rs 80.40 crore as compared to Rs 129.35 crore for the quarter ended June 30, 2013. Its total income has decreased marginally by 1.26% to Rs 504.78 crore for the quarter under review from Rs 511.22 crore for the corresponding quarter of the previous year.
Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors.
