EIL Q3 Profit Soars Over 3x YoY to Rs 302 Crore
State-owned Engineers India Ltd (EIL) has reported an impressive increase in net profit, soaring over three times year-on-year to reach Rs 302 crore for the third quarter ending December 31, 2025. This remarkable growth is attributed to robust execution and higher revenues.
Key Financial Highlights
– Net Profit Surge:
– Q3 net profit stands at Rs 301.73 crore, a significant jump from Rs 88.1 crore during the same period last year.
– Turnkey Contracts Drive Growth:
– Earnings from turnkey contracts soared to Rs 273.68 crore in Q3, compared to Rs 18.92 crore a year ago.
– Revenue from consultancy remained steady at Rs 104.3 crore.
– Increased Turnover:
– Overall turnover rose by 59% to Rs 1,194 crore, with the turnkey business revenue doubling.
– Nine-Month Performance:
– For the nine-month period ending December 31, 2025, net profit more than doubled to Rs 487 crore.
– Revenue from operations increased by 45% to Rs 2,951 crore.
Order Book Growth
– Current Order Book:
– As of the end of Q3, EIL’s order book stood at Rs 12,538 crore, comprising 60% consultancy and 40% turnkey projects.
– Future Outlook:
– The order book has expanded to approximately Rs 15,670 crore after securing new mega projects, marking an all-time high and offering strong revenue visibility.
EIL’s Operations
EIL is a prominent public sector engineering consultancy and EPC (Engineering, Procurement, and Construction) firm. They deliver a wide range of services across various sectors, including:
– Oil and Gas
– Petrochemicals
– Refineries
– Pipelines
– Infrastructure
– Fertilizers
– Water and Waste Management
– Renewable Energy
The company engages in consultancy assignments and turnkey projects both domestically and internationally.
Investments and Strategic Moves
– Ramagundam Fertilizer Project:
– EIL has invested Rs 491 crore for a 26% stake in the Rs 6,388 crore Ramagundam fertilizer project, partnering with several other entities including National Fertilizer Ltd and GAIL.
– Numaligarh Refinery:
– The company has acquired a minority 4.37% stake in Numaligarh Refinery in Assam for Rs 838.42 crore.
In summary, EIL’s third-quarter profit surge underscores its strong performance and strategic growth initiatives. As the company continues to expand its order book and forge significant partnerships, the outlook for future profitability remains positive.