Engineers India shares surge 12% after Q3 profit jumps over three-fold

Shares of Engineers India rose more than 12% on Friday, February 13, after the company reported a robust December quarter performance on Thursday.

The company reported a more than three-fold increase in its net profit

to ₹347.2 crore for the quarter, from ₹109 crore in the year-ago period. Revenue climbed 58.3% year-on-year to ₹1,210.2 crore, up from ₹764.5 crore. EBITDA rose sharply to ₹352.2 crore from ₹97.9 crore in the corresponding quarter last year.

EBITDA margin expanded to 29.1%, compared with 12.8% a year ago, reflecting a 1,630 basis point year-on-year improvement.

During the December quarter, the company secured its largest overseas order to date, winning a $360 million contract from Nigeria’s Dangote Group for the expansion of a mega refinery project.

International operations are emerging as a key growth driver. As of January 2026, overseas markets accounted for 65% of fresh order inflows, while domestic orders made up the remaining 35%.

Shares of the company were trading 12.22% up at ₹203 as of 9.54 am. However, the stock is about 20.5% below its 52-week high of ₹255.45 apiece. Engineers India shares have gained nearly 23% in the past year.