Engineers India Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
January 28, 2013
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Engineers India Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net profit of INR 132,330.4 million or INR 3.93 per basic and diluted share before and after extraordinary items compared to net profit of INR 151,260.1 million or INR 4.49 per basic and diluted share before and after extraordinary items a year ago. Total income from operations was INR 604,769.1 million compared to INR 792,495.9 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 128,690.9 million compared to INR 179,428.6 million a year ago. Profit from ordinary activities before tax was INR 195,619.4 million compared to INR 223,862.1 million a year ago.
For the nine months, the company reported net profit of INR 447,870.0 million or INR 13.29 per basic and diluted share before and after extraordinary items compared to net profit of INR 445,978.9 million or INR 13.24 per basic and diluted share before and after extraordinary items a year ago. Total income from operations was INR 19,924.942 million compared to INR 24,735.154 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 442,410.6 million compared to INR 516,093.2 million a year ago. . Profit from ordinary activities before tax was INR 653,456.3 million compared to INR 656,259.9 million a year ago.
Engineers India Limited is an India-based global engineering consultancy and engineering, procurement and construction (EPC) company offering total energy solutions. The Company operates through two segments: consultancy and engineering projects, and turnkey projects. It is focused on various sectors, such as fertilizer and liquefied natural gas (LNG), ports and harbors, ferrous and non-ferrous metallurgy, coal gasification, infrastructure, niche chemicals, strategic crude oil storage, biofuels/green ammonia/green hydrogen, and water and wastewater management. Its services include technologies; preliminary-front end engineering and design (Pre-FEED); front end engineering and design (FEED); project management consultant (PMC); engineering, procurement, construction management (EPCM); EPC; supply chain management; construction; heat and mass transfer; plant operation and safety; specialist materials and maintenance, and environment engineering.