Engineers India Q2 profit jumps 56%; order book hits record Rs 20,421 cr

New Delhi: State-owned Engineers India Ltd (EIL) reported a 56 percent increase in September quarter net profit to Rs 180 crore, supported by improved operating performance and strong business momentum, while its order book touched an all-time high of Rs 20,421 crore.

Profit was up 66 percent sequentially when compared with Rs 108.5 crore earning in the April-June quarter, according to the company's financial results.

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EBITDA, including other income, increased to Rs 240 crore from Rs 155 crore in the preceding quarter, with the EBITDA margin improving to 27 percent from 19 percent. Turnover, however, fell to Rs 802 crore from Rs 900 crore in Q2 FY26.

The engineering and consultancy major secured new orders worth Rs 7,428 crore during the first half of FY27, comprising Rs 5,762 crore from consultancy services and Rs 1,666 crore from turnkey projects.

This took its total order book to a record Rs 20,421 crore as of September 30, providing revenue visibility for the coming periods and reflecting sustained demand for its engineering and project execution services.

For the first half of FY27, net profit increased 56 percent to Rs 288 crore from Rs 185 crore.

EBITDA for the six-month period stood at Rs 395 crore, with a margin of 23 percent, compared with Rs 265 crore and a margin of 14 percent in the year-ago period.

The company said it would continue to focus on expanding its business, improving operational efficiency, diversifying its project portfolio and strengthening international presence.

EIL is also seeking to leverage opportunities across conventional energy, energy transition and infrastructure sectors, positioning itself to participate in emerging investment and project development opportunities in these areas.

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The record order book, alongside higher first-half profitability and improved EBITDA margins, provides a strong foundation for the company's near-term business prospects, although the pace of order execution and conversion into revenue will remain key to sustaining growth.

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