Engineers India Ltd has informed BSE that Shri. L N Gupta, Joint Secretary (R), Ministry of Petroleum & Natural Gas, Government of India, New Delhi, vide letter dated June 24, 2008, has been appointed by the President of India as a Government Director on the Board of Engineers India Ltd, in place of Shri. Prabh Das, ex-Joint Secretary (R), Ministry of Petroleum & Natural Gas.
Engineers India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on June 03, 2008, inter alia, has recommended 70% as final dividend on the paid up share capital. The total dividend for the year 2007-08 works out at 110% of paid up share capital including an interim dividend @ 40%. The above is subject to the approval of shareholders in AGM.
Engineers India Ltd has announced the following results for the quarter & year ended March 31, 2008:
The Unaudited results for the Quarter ended March 31, 2008
The Company has posted a net profit of Rs 566.80 million for the quarter ended March 31, 2008 as compared to Rs 425.20 million for the quarter ended March 31, 2007. Total Income has increased from Rs 2092.60 million for the quarter ended March 31, 2007 to Rs 2877.70 million for the quarter ended March 31, 2008.
The Audited results for the Year ended March 31, 2008
The Company has posted a net profit of Rs 1946.00 million for the year ended March 31, 2008 as compared to Rs 1429.90 million for the year ended March 31, 2007. Total Income has increased from Rs 6788.70 million for the year ended March 31, 2007 to Rs 8733.20 million for the year ended March 31, 2008.
The Consolidated results are as follows:
The Audited consolidated results for the Year ended March 31, 2008
The Group has posted a net profit of Rs 1980.20 million for the year ended March 31, 2008 as compared to Rs 1451.30 million for the year ended March 31, 2007. Total Income has increased from Rs 6887.80 million for the year ended March 31, 2007 to Rs 8877.20 million for the year ended March 31, 2008.
Engineers India Ltd has informed BSE that the Company will be publishing the “Audited Financial Results” for the year ending March 31, 2008 within 3 months from the end of Last Quarter. In view of this the Company will not be publishing “Unaudited Quarterly Results” of last quarter ending March 31, 2008, followed by “Limited Review” within two months.