Business Standard

EIL Sept qtr net up 22% at Rs 147 cr

Press Trust of India  |  New Delhi 

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(EIL) today reported a 22% rise in net profit to Rs 146.64 crore for the quarter ended September 30.

The company, which provides design and engineering consultancy to oil and gas business, had posted a net profit of Rs 119.94 crore in the July-September quarter of previous year, said in a statement here.

Turnover soared 39% to Rs 827.42 crore.

EIL Chairman and Managing Director AK Purwaha attributed the performance to improved efficiency and effective cost management and hoped to continue the same in the coming quarters.

EIL Sept qtr net up 22% at Rs 147 cr

The company, which provides design and engineering consultancy to oil and gas business, had posted a net profit of Rs 119.94 crore in the July-September quarter of previous year, EIL said in a statement here.

(EIL) today reported a 22% rise in net profit to Rs 146.64 crore for the quarter ended September 30.

The company, which provides design and engineering consultancy to oil and gas business, had posted a net profit of Rs 119.94 crore in the July-September quarter of previous year, said in a statement here.

Turnover soared 39% to Rs 827.42 crore.

EIL Chairman and Managing Director AK Purwaha attributed the performance to improved efficiency and effective cost management and hoped to continue the same in the coming quarters.

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