Public sector firm Engineers India (EIL) today reported a near three-fold jump in its net profit for the fourth quarter ended March 31 to Rs 158.81 crore.

The company had a net profit of Rs 56.67 crore during the March quarter a year earlier, EIL said in a filing to the Bombay Stock Exchange.

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For the financial year ended March 31, 2009, the company posted a net profit of Rs 344.53 crore, up 77 per cent against Rs 194.59 crore of FY08.

Net sales of the firm also rose to Rs 1,532.46 crore during the 2008-09 fiscal from Rs 737.75 crore of FY08.

Shares of Engineers India today closed at Rs 872, down 2.04 per cent on the BSE.

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