The three projects involve consulting services for EPCM services for MIBK, MIBC, and offsite & utilities projects; RBI's greenfield data center at Infovalley-II, EMC Park, Khurda (Bhubaneswar), Odisha; and pre-award activities for lignite to methanol project.
"The estimated order value of the above projects is approx. Rs 80 crore,” the company said in a statement.
Engineers India 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 2022, the Government of India held a 51.32% stake in the company.
On a consolidated basis, EIL reported 217.4% jump in net profit to Rs 79.13 crore on 27.7% decline in net sales to Rs 817.80 crore in Q4 FY22 over Q4 FY21.
The scrip shed 0.17% to end at Rs 57.50 on the BSE yesterday.
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