New Delhi, Feb 9 (PTI) State-owned Engineers India Ltd on Wednesday reported halving of its net profit in the December quarter as revenue from operations declined.
EIL has a consolidated net profit of Rs 40.66 crore in October-December compared with Rs 88.07 crore a year back, the company said in a stock exchange filing.
Revenue from operations declined to Rs 692.11 crore from Rs 845.48 crore in the previous year.
The firm did not give reasons for the decline. PTI ANZ ANZ MR MR