Engineers India Q4 net dips 21% to Rs 124 cr | business | Hindustan Times
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Engineers India Q4 net dips 21% to Rs 124 cr

business Updated: May 27, 2010 17:41 IST
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Engineers India Ltd on Thursday 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.

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 today closed at Rs 320.60 on the BSE, up 0.55 per cent from previous close.