MoneyWorks4Me

Engineers India reports 16% fall in Q1 net profit

06 Aug 2013 Evaluate

Engineers India has reported results for first quarter ended June 30, 2013.

The company has reported 16.17% fall in its net profit at Rs 129.34 crore for the quarter as compared to Rs 154.29 crore for the same quarter in the previous year. Total income of the company has decreased by 35.55% at Rs 511.22 crore for quarter under review as compared to Rs 793.24 crore for the quarter ended June 30, 2012.

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.

Peers
Company Name CMP
Larsen & Toubro 3830.15
Kalpataru Projects 1399.50
NCC 135.65
Rail Vikas Nigam 201.15
KEC International 401.55
View more..