Income from operations rose 25% to ₹991 crore throughout the quarter. Complete bills fell 3% to ₹708 crore, as the corporate had registered “different bills” of ₹88 crore within the year-ago quarter, in comparison with ₹6 crore within the March quarter.
The corporate wrote again ₹82 crore throughout the March quarter following the settlement of a efficiency obligation with a consumer within the consultancy and engineering tasks phase.
EIL shares closed 2.8% greater at ₹217.45 apiece on Thursday, when the benchmark Sensex rose 0.4%. The corporate declared a dividend of ₹2 per share.
Revenue for the complete 12 months 2024–25 rose 30% to ₹465 crore, the very best in a decade, as a consequence of operational efficiencies, EIL chairperson Vartika Shukla mentioned. Annual income, nevertheless, fell 6% to ₹3,028 crore.
The corporate acquired orders value ₹8,214 crore throughout 2024–25, and EIL’s order guide stood at ₹11,700 crore on the finish of March, she mentioned. Of the full orders acquired in 2024–25, 45% have been from the non-oil and fuel sector. Abroad orders have been value ₹1,077 crore.EIL is planning to enter the defence sector, initially specializing in process-related applied sciences, a well-recognized space for the corporate, Shukla mentioned.The corporate additionally goals to re-enter the nuclear power sector, although progress will rely upon authorities coverage. “It’s a troublesome sector to enter… We must construct competencies,” she mentioned.
EIL additionally plans to foray into the essential minerals phase. “We now have a method to enter the essential minerals phase,” she added, with out elaborating.
