Engineers India and Detect Technologies have signed a Memorandum of Understanding (MoU) for Real Time Artificial Intelligence (AI) based Monitoring for Implementing Safe Practices at Construction Sites and Progress Monitoring for the Clients in India and abroad.Under the MoU, EIL and Detect Technologies will collaborate to provide Real Time Artificial Intelligence (AI) based monitoring for implementing safe practices and progress monitoring at construction sites for various projects being executed by EIL. This MoU will facilitate implementation, operation and maintenance of an AI based solution using cameras, drones, and cloud computing for maintaining safe work environment at site with an objective to avoid Loss Time Accidents/injuries, and monitoring of project progress.Powered by Capital Market - Live News

Net profit of Engineers India rose 292.99% to Rs 63.35 crore in the quarter ended December 2023 as against Rs 16.12 crore during the previous quarter ended December 2022. Sales rose 3.02% to Rs 867.64 crore in the quarter ended December 2023 as against Rs 842.18 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales867.64842.18 3 OPM %5.775.91 - PBDT79.9075.71 6 PBT71.4469.01 4 NP63.3516.12 293 Powered by Capital Market - Live News

Engineers India announced that the Board of Directors of the Company at its meeting held on 2 February 2024, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 40%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Engineers India will hold a meeting of the Board of Directors of the Company on 2 February 2024.Powered by Capital Market - Live News

Engineers India announces the cessation of Janak Kishore Executive Director (Projects) and Amit Sengupta Executive Director (Supply Chain Management) with effect from 01 January 2024 on account of superannuation. Powered by Capital Market - Live News