Engineers India Limited (EIL) has announced its Q2 performance, delivering a mixed set of numbers with strong revenue momentum but a drop in profitability compared to the same quarter last year.
The company reported a net profit of ₹83.5 crore, which is about 16.2% lower than the ₹99.6 crore it posted a year ago.
On the top line, however, EIL recorded a solid jump. Revenue for the quarter rose sharply to ₹921.3 crore, up nearly 34% from ₹689 crore in the previous year’s period.
The operating performance showed a significant improvement as well. EBITDA came in at ₹120 crore, almost doubling from ₹62.2 crore last year, marking an impressive 92% jump. This improvement pushed the operating margin to around 13%, compared with 9% in the year-ago quarter.
Disclaimer: This article is for informational purposes only. It is not intended to be investment advice or a recommendation to buy or sell any stock. Readers are advised to consult their financial advisor before making any investment decisions.
