Latest news with #EngineersIndia
Business Standard
5 days ago
- Business
- Business Standard
Engineers India inks MoU with Nuclear Power Corporation of India
For collaboration on Nuclear Energy Mission for Viksit Bharat Engineers India (EIL) inked a Memorandum of Understanding (MoU) with Nuclear Power Corporation of India (NPCIL) to provide Engineering services towards development of conceptual design and engineering of structures, systems and components of Bharat Small Modular Reactor (BSMR). This partnership supports GoI's vision to accelerate nuclear power, enabling clean, green, and reliable energy to strengthen India's energy security and is a step towards Nuclear Energy Mission for Viksit Bharat, targeting a nuclear power capacity of 100 GW by by Capital Market - Live News
Business Standard
5 days ago
- Business
- Business Standard
Engineers India slips after Q1 PAT slides 29% YoY to Rs 65 cr
Engineers India declined 1.02% to Rs 199 after the company reported a 28.6% fall in consolidated net profit to Rs 65.40 crore on a 39.5% increase in revenue from operations to Rs 870.36 crore in Q1 FY26 over Q1 FY25. Profit before tax came in at Rs 97.28 crore for the June 2025 quarter, marking a 22.7% year-on-year increase. Total expenses rose 38.74% to Rs 809.43 crore during the quarter compared with Rs 583.43 crore in Q1 FY25. Construction materials and equipment stood at Rs 78.15 crore (up 42.53% YoY), while employee benefits expenses stood at Rs 250.58 crore (up 3.55% YoY) during the period under review. On the segmental front, revenue from consultancy & engineering projects was Rs 421.34 crore (up 17.12% YoY), and revenue from turnkey projects was Rs 449.02 crore (up 70.03% YoY) during the period under review. Engineers India (EIL) is an engineering consultancy and technology licensing company in the fields of hydrocarbons, petrochemicals, fertilizers, metallurgy, ports & terminals, and other sectors of industry, having a DSIR-recognized R&D center. As of 31 March 2024, the Government of India held a 51.32% stake in the company.
Business Standard
5 days ago
- Business
- Business Standard
Engineers India consolidated net profit declines 28.60% in the June 2025 quarter
Sales rise 39.52% to Rs 870.36 crore Net profit of Engineers India declined 28.60% to Rs 65.40 crore in the quarter ended June 2025 as against Rs 91.60 crore during the previous quarter ended June 2024. Sales rose 39.52% to Rs 870.36 crore in the quarter ended June 2025 as against Rs 623.83 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 870.36623.83 40 OPM % 8.288.18 - PBDT 107.8389.11 21 PBT 97.2879.26 23 NP 65.4091.60 -29
Business Upturn
5 days ago
- Business
- Business Upturn
Engineers India's shares drop fall nearly 3% as Q1 Net Profit declines 28.6% YoY
By Aditya Bhagchandani Published on August 14, 2025, 09:51 IST Shares of Engineers India fell 2.70% to Rs 195.80 in Thursday's early trade after the company reported a 28.6% year-on-year (YoY) decline in net profit for Q1 FY26 to Rs 65.4 crore, down from Rs 91.6 crore in the same period last year. The fall in share price led to a market capitalisation decline of about Rs 2,970 crore, bringing its current market cap to Rs 11,007 crore. The stock opened lower and moved within a range of Rs 195.53 to Rs 200.39 so far in the session, compared to the previous close of Rs 201.24. The year's trading range has been between Rs 142.20 and Rs 255.45. For the June quarter, Engineers India posted revenue of Rs 870 crore, marking a 39.4% increase from Rs 624 crore a year ago. EBITDA rose 40.3% to Rs 72.1 crore from Rs 51.4 crore last year, while operating margins were steady at 8.3% versus 8.2% in Q1 FY25. Engineers India Limited, established in 1965, operates as a public sector industrial technology, engineering consultancy, and technology licensing company. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
11-07-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 11 July 2025
Breakout stocks buy or sell: Uncertainty surrounding tariffs and investor caution ahead of the Q1 earnings season continued to pressure the Indian stock market, with benchmark indices Sensex and Nifty 50 extending losses for a second straight session on Thursday, July 10. The Sensex declined by 346 points, or 0.41%, to settle at 83,190.28, while the Nifty 50 slipped 121 points, or 0.47%, closing at 25,355.25. The BSE Midcap index also closed in the red, dropping 0.28%. In contrast, the BSE Smallcap index defied the overall negative trend, posting a modest gain of 0.12%. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment is cautious to positive as the Nifty 50 index is above 25,300 to 25,250. Speaking on the outlook of Indian stock market, Bagadia said, ' The key benchmark index is facing hurdle at 25,550. On breaking above this resistance we can expect the 50-stock index to touch 25,700 and 26,200 soon. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Diamond Power Infrastructure, SPML Infra, Engineers India, Religare Enterprises, and PCBL Chemical. 1] Diamond Power Infrastructure: Buy at ₹ 161.98, target ₹ 400, stop loss ₹ 360; 2] SPML Infra: Buy at ₹ 273.80, target ₹ 292, stop loss ₹ 264; 3] Engineers India: Buy at ₹ 250, target ₹ 270, stop loss ₹ 240; 4] Religare Enterprises: Buy at ₹ 251, target ₹ 268, stop loss ₹ 242; 5] PCBL Chemical: Buy at ₹ 434.4, target ₹ 470, stop loss ₹ 419. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
