Engineers India Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Engineers India Ltd reported a 9.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 10.6%.
- Its expenses for the quarter were up by 6.3% QoQ and down 18.1% YoY.
- The net profit increased 9.1% QoQ and increased 71.6% YoY.
- The earnings per share (EPS) of Engineers India Ltd stood at 1.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 802.66 | 735.91 | 898.14 | 9.1% | -10.6% |
Total Expenses | 676.83 | 636.83 | 826.70 | 6.3% | -18.1% |
Profit Before Tax | 125.83 | 99.08 | 71.44 | 27.0% | 76.1% |
Tax | 32.07 | 22.18 | 18.70 | 44.6% | 71.5% |
Profit After Tax | 108.73 | 99.63 | 63.35 | 9.1% | 71.6% |
Earnings Per Share | 1.90 | 1.80 | 1.10 | 5.6% | 72.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Engineers India Ltd (EIL) is a premier engineering consultancy and technology licensing company in India, primarily serving sectors such as hydrocarbons, petrochemicals, and fertilizers. The company offers services that span the entire project lifecycle, including conceptualization, design, detailed engineering, procurement, construction, and project management. As a leader in the engineering consultancy sector, Engineers India Ltd has played a significant role in the development of India's oil and gas infrastructure. Recent developments within the company or the industry are not specifically available in the provided data, so any further current insights would need to be researched outside this dataset.
Revenue
For the third quarter of the fiscal year 2025, Engineers India Ltd reported a total income of ₹802.66 crores. This represents a quarter-over-quarter (QoQ) increase of 9.1% from Q2FY25, where the total income was ₹735.91 crores. On a year-over-year (YoY) basis, the total income shows a decline of 10.6% compared to ₹898.14 crores in Q3FY24. The revenue trends highlight the fluctuations in the company's income generation over the past quarters and point to variances in market demand or project execution timelines.
Profitability
The financial data for Q3FY25 indicates that Engineers India Ltd achieved a profit before tax (PBT) of ₹125.83 crores, marking a substantial 27.0% increase QoQ from ₹99.08 crores in Q2FY25. On a YoY basis, the PBT grew by 76.1% from ₹71.44 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 stood at ₹108.73 crores, which is a 9.1% increase QoQ from ₹99.63 crores in Q2FY25, and a 71.6% increase YoY from ₹63.35 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was reported at ₹1.90, showing a 5.6% increase QoQ and a 72.7% increase YoY. These figures reflect the company's ability to manage its costs and enhance profitability despite the challenges in revenue generation compared to the previous year.
Operating Metrics
Total expenses for Engineers India Ltd in Q3FY25 were recorded at ₹676.83 crores, which represents a 6.3% increase from ₹636.83 crores in Q2FY25. However, when compared YoY, total expenses have decreased by 18.1% from ₹826.70 crores in Q3FY24. This reduction in expenses on a yearly basis could suggest efficient cost management or changes in project execution strategies. The tax expense for the quarter was ₹32.07 crores, up 44.6% QoQ from ₹22.18 crores in Q2FY25, and up 71.5% YoY from ₹18.70 crores in Q3FY24. These metrics provide insight into the company's operational efficiency and fiscal management over the reported quarters.
