Engineers India Q3 results: Shares surged over 3%, declares interim dividend of Rs 2 per share
The Interim Dividend for the financial year 2024-25 on the equity shares of the Company shall be paid on & from Monday, 3rd March 2025.
Engineers India announces Q3 results, declares interim dividend of Rs 2 per share
The Board of Directors of Engineers India Limited declared an Interim Dividend of Rs 2/- per share (on the face value of Rs 5/- each) of the Company for the financial year 2024-25. Meanwhile, the Record date for Interim Dividend 2024- 25 is Friday, 14th February 2025.
The Interim Dividend for the financial year 2024-25 on the equity shares of the Company shall be paid on & from Monday, 3rd March 2025. The company has also announced the Q3 FY25 results in an exchange filing.
The Revenue from Operations stood at Rs 75 crore. Segment Revenue including Consultancy, Engineering, and Turnkey Projects for the complete year is Rs 32.3 crore. For the nine months, it stood at Rs 13.1 crore. The Profit Before Tax is at Rs 11.8 crore lakhs.
Shares of the PSU Company are trading above 3.38% at Rs 170.00 with dividend yield at 1.77%.
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The company's net profit stood at Rs 93.8 crore compared to Rs 52.7 crore in the corresponding quarter last year. Despite this, operational profitability remained strong, with EBITDA surging 95.8% YoY to Rs 98 crore, nearly doubling from Rs 50 crore in the year-ago period.
The company's EBITDA margin also expanded significantly to 12.8% in Q3 FY25 from 5.8% in Q3 FY24, indicating improved cost efficiencies and better project mix.