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Engineers India reports marginal rise in Q3 net profit

25 Jan 2014 Evaluate

Engineers India has reported results for third quarter ended December 31, 2013.

The company has reported 2.01% rise in its net profit at Rs 135 crore for the quarter as compared to Rs 132.33 crore for the same quarter in the previous year. However, total income of the company has decreased by 21.28% at Rs 528.75 crore for quarter under review as compared to Rs 671.69 crore for the quarter ended December 31, 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
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