Engineers India Limited (EIL) has announced two significant contract wins in the Middle East, totaling ₹7.30 billion. These contracts further solidify EIL's growing presence in the region, following its recent expansion of the Abu Dhabi office. The company's international order book has seen a substantial increase, with business inflow from Abu Dhabi alone rising by 57% year-on-year to ₹146 crore in FY 2023-24. EIL's total order book now stands at an impressive ₹11,350 crore, showcasing its strong position in the global engineering and consultancy market. These new projects are expected to contribute significantly to EIL's revenue and profitability in the coming years.
Sources: NSE, BSE, Engineers India Ltd website