Engineers India has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a fall of 35.77% in its net profit at Rs 69.92 crore for the quarter ended March 31, 2016 as compared to Rs 108.87 crore for the same quarter in the previous year. Total income of the company has decreased by 37.95% at Rs 352.70 crore for quarter under review as compared to Rs 568.45 crore for the quarter ended March 31, 2015.
For the year ended March 31, 2016, the company has posted a fall of 16.13% in its net profit at Rs 258.31 crore as compared to Rs 307.98 crore for the same period in the previous year. Total income of company decreased 11.75% at Rs 1752.78 crore for year under review as compared to Rs 1986.11 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted a fall of 16.37% in its net profit at Rs 261.52 crore as compared to Rs 312.71 crore for the same period in the previous year. Total income of company has decreased by 11.64% at Rs 1779.94 crore for year under review as compared to Rs 2014.36 crore for the period ended March 31, 2015.
