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This is an archive article published on May 27, 2010

Engineers India Q4 net down 21 pct

EIL said its net profit declined by 21.33 pct to Rs 124.92 cr for the quarter ended March 31.

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Engineers India Ltd said its net profit declined by 21.33 per cent to Rs 124.92 crore for the quarter ended March 31,over the same period last year.

The company had a net profit of Rs 158.81 crore in the same period previous fiscal,Engineers India Ltd said in a filing to the Bombay Stock Exchange.

Net sales rose to Rs 640.33 crore for the quarter ended March 31,from Rs 407.55 crore in the same period corresponding fiscal.

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For the year ended March 31,2010,the company has posted a consolidated net profit of Rs 440.47 crore,up 25.43 per cent over the same year-ago period.

Shares of Engineers India Ltd closed at Rs 320.60 on the BSE,up 0.55 per cent from previous close.

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