EIL 2nd quarter PAT up 59% & Turnover up 36%

EIL first half PAT up 71% & Turnover up 44%

Engineers India Limited, the leading design & engineering Consultancy Company in the field of Petroleum Refining, Petrochemicals, Pipelines, Onshore Oil & Gas, Mining & Metallurgy, Offshore Oil & Gas, Terminals & Storages and Infrastructure has reported robust growth in turnover and profitability in its Financial Results for the quarter ending 30thSeptember, 2009.

The Company during the quarter ended 30th September 2009 has achieved a turnover of Rs. 468.20 crores, an increase of 36% over the corresponding quarter of previous year.  For the six months ended 30th September 2009, the Company has registered a turnover of Rs. 859.63 crores, a growth of 44% over the corresponding period of last year.

Profit of the Company for the quarter and six months ended 30th September 2009, was Rs. 105.37 crores and Rs. 199.59 crores respectively, thereby registering a growth of 59% and 71% respectively over the corresponding quarter/period of last year.

The Company has an impressive order book position of over Rs. 7000 crores. Shri A.K. Purwaha, C&MD attributes the excellent performance to improved efficiency, upgradation of technology and effective cost management and hopes to continue the same in the coming quarters of the financial year.