Engineers India Ltd. : Q1FY18 Result

Engineers India Ltd. reported its results for the quarter ended March 31, 2017 today. The standalone numbers were largely mixed on subdued topline and strong bottomline.

The company's total sales for Q4FY17 came in at Rs 375.3 crore, which represents 15.25 per cent sequential decline and 9.82 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 75.6 crore and its EBIT margin stood at 20.14 per cent.

The company reported PAT of Rs 81.37 crore, which represents a sequential QoQ increase of 23.38 per cent and a YoY increase of 1.33 per cent.
 
Engineers India Limited (EIL) is an engineering consultancy, and engineering, procurement and construction (EPC) company in the hydrocarbons and petrochemicals industry. The company's segments include consultancy and engineering projects and turnkey projects

The company's stock opened for trading at Rs 159.3 on the BSE, fell 2.5 per cent after the results were declared and closed around Rs 155.20