Total expenses rose 38.74% to Rs 809.43 crore during the quarter compared with Rs 583.43 crore in Q1 FY25. Construction materials and equipment stood at Rs 78.15 crore (up 42.53% YoY), while employee benefits expenses stood at Rs 250.58 crore (up 3.55% YoY) during the period under review.
On the segmental front, revenue from consultancy & engineering projects was Rs 421.34 crore (up 17.12% YoY), and revenue from turnkey projects was Rs 449.02 crore (up 70.03% YoY) during the period under review.
Engineers India (EIL) is an engineering consultancy and technology licensing company in the fields of hydrocarbons, petrochemicals, fertilizers, metallurgy, ports & terminals, and other sectors of industry, having a DSIR-recognized R&D center. As of 31 March 2024, the Government of India held a 51.32% stake in the company.
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