Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion

  • Industry News
  • Sep 12,24
The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments.
Engineers India gets Rs 46.81 billion business; Order book now Rs 113.5 billion

Engineers India Limited (EIL) has secured new business worth Rs 46.81 billion up to August 31, 2024, bringing its total order book to Rs 113.5 billion. 

The core oil and gas sector remains the primary contributor to EIL's orders, although recent years have seen increased contributions from infrastructure and green energy segments. Vartika Shukla, Chairman noted that the company's order book was Rs 78.23 billion as of March 31, 2024. The domestic segment drove growth, contributing Rs 29.07 billion for the financial year 2023-24, while the total order inflow for FY24 was Rs 34.06 billion.

EIL has expanded its global presence with the completion of an oil refinery project in Nigeria and has entered markets in Algeria and Kuwait. Additionally, the company is advancing in the biofuels sector, providing services for Assam Biorefinery Private Limited (ABPL) and leading initiatives to establish Bio-ATF plants.
(moneycontrol)

Related Stories

Electrical & Electronics
Will solar manufacturing glow in India as renewable energy demand surges?

Will solar manufacturing glow in India as renewable energy demand surges?

While India has successfully increased domestic solar module production, import of solar cells remains high. As India plans to add 60-65 GW of solar capacity, will it be a sunshine moment for solar ..

Read more
Auto & Auto Components
Instant Transport orders 200 trucks from Ashok Leyland

Instant Transport orders 200 trucks from Ashok Leyland

This milestone marks a significant step in strengthening the partnership between the two companies and reinforces Ashok Leyland’s position as a trusted mobility provider.

Read more
Process Equipment
Vipul Organics forays into membrane manufacturing

Vipul Organics forays into membrane manufacturing

The company will build a separate facility for membrane manufacturing at its greenfield project at Saykha, Gujarat.

Read more

Related Products

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016