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Engineers India reports 38% fall in Q1 net profit

13 Aug 2014 Evaluate

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.

 

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241.95 0.40 (0.17%)
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