Engineers India settles lower on Q1 profit drop

Engineers India

09/08/2024 11:21

** Shares of Engineers India Ltd  ENGI.NS  settle 2.3% lower
    ** Co posts a 34% y/y drop in Q1 consol. profit, revenue
down 24% 
    ** ENGI reports decline in profit for a second consecutive
quarter
    ** Stock down as much as 3.5% following the results
    ** However, stock is up 30% YTD

 (Reporitng by Nishit Navin)
 ((nishit.navin@thomsonreuters.com;))