Engineers India has reported results for third quarter ended December 31, 2016.
The company has reported 25.59% rise in its net profit at Rs 84.99 crore for the quarter under review as compared to Rs 67.67 crore for the same quarter in the previous year. However, total income of the company decreased by 11.33% at Rs 380.87 crore for the quarter under review as compared Rs 429.56 crore for the corresponding quarter previous year.
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.