Engineers India net down 35 percent in 2014-15


New Delhi, May 28 (IANS): State-run Engineers India Ltd reported a consolidated net profit of Rs.313 crore for fiscal 2014-15, a decline of 35 percent year-on-year (YoY) from Rs.483 crore posted in previous fiscal (2013-14).

In a regulatory filing to the Bombay Stock Exchange on Wednesday, the city-based Navratna listed firm said its consolidated income, however, declined marginally three percent YoY to Rs.2,014 crore for fiscal under review (FY 2015) from Rs.2,079 crore in FY 2014.

On a standalone basis too, net profit declined 36 percent YoY to Rs.308 crore from Rs.480 crore year ago and income decreased 3.5 percent YoY to Rs.1,986 crore from Rs.2,056 crore year ago.

For fourth quarter (January-March) of fiscal, net profit was up 5.1 percent YoY to Rs.109 crore from Rs.104 crore in like period of FY 2-014, while income growth remained flat or 1.1 percent up to Rs.569 crore from Rs.563 crore in like period year ago.

  

Top Stories


Leave a Comment

Title: Engineers India net down 35 percent in 2014-15



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.