Engineers India secures ₹618 crore fertiliser project in Africa

has won a ₹618 crore contract to provide PMC and EPCM services for a fertiliser plant in Africa, scheduled for completion in 24 months. Recently, the company also signed an MoU with NPCIL to support the design of the Bharat Small Modular Reactor, aligning with India’s long-term nuclear capacity goals. In Q1FY25, reported revenue of ₹870 crore, up 39.4% YoY, and EBITDA of ₹72.1 crore, up 40.3% YoY, while net profit declined 28.6% YoY to ₹65.4 crore, with operating margins stable at 8.3%. The developments highlight both its overseas project pipeline and domestic collaborations in energy infrastructure. Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.