Engineers India (EIL) the PSU Engineering Project Consultancy & Turnkey company in which the Government of India holds 90.4%. In line with recent regulation which states that atleast 25% of any company's share should be with public, EIL has come out with a Follow on Public Issue for 10% of its holdings. After this issue the government stake in the company will fall to 80.4%.
As on June 2010, the company has a revenue growth of 55% at Rs 606.04 crore. However with operating margin eroding by 180 basis points, the growth at profit were limited and it eventually closed with a net profit of Rs 114.56 crore, a rise of 22%.
EIL has rewarded its share holders quiet healthy in the past. List of its dividends and its bonus issues are given below:
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