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Code: 532178
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Engineers India Q4 net up 32% to Rs 165 cr

Press Trust of India / Mumbai 26 May 11 | 04:23 PM

Engineers India (EIL) today reported a 32.54% growth in net profit at Rs 165.57 crore for the quarter ended March 31, 2011.

The company had a net profit of Rs 124.92 crore in the same period last year, EIL said in a regulatory filing.

Income for operations also rose to Rs 946.53 crore in the three-month quarter ended March 31, as against Rs 640.33 crore in the same period previous year.

For the year ended March 31, 2011, the company's consolidated net profit rose to Rs 531.29 crore from Rs 440.47 crore in the previous fiscal.

The board of the company recommended a final dividend of Rs 4 per share in addition to an interim dividend of Re 1 per share paid during the year, EIL said.

Shares of the company closed at Rs 262.15, up 0.61% from the previous close on the BSE.


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