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Engineers India's net profit for the quarter has declined 37.84% at 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 form Rs 511.22 crore for the corresponding quarter of the previous year.
Engineers India is total solutiions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil ang 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.
The promoters holding in the company stood at 69.37% while Institutions and Non-Institutions held 21.53% and 9.11% respectively.
The BSE group 'A' stock of face value Rs 5 has touched a 52 week high of Rs 331.00 on 3-Jul-2014 and a 52 week low of Rs 121.15 on 20-Aug-2013.
Engineers India is currently trading at Rs 244.45, down by -32.75 points or 11.81% from its previous closing of Rs 277.20 on the BSE.
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