State-owned Engineers India Ltd (EIL) has delivered a landmark financial performance for the third quarter ended December 31, 2025. The company reported a consolidated net profit of 347.17 crore, marking a 219.3% surge compared to the 108.73 crore earned in the same period last year. Standalone net profit saw an even sharper climb, jumping over 3-fold to 302 crore. This exceptional growth was primarily fueled by the mechanical completion of major turnkey projects and successful price adjustments. Revenue from operations grew 59% year-on-year to 1,194 crore. The turnkey segment was a standout performer, with its revenue doubling during the quarter. Meanwhile, the high-margin consultancy business remains a stable pillar, contributing 473.53 crore to the top line. The company’s order book has reached a record high of approximately 15,670 crore. This includes a massive $360 million contract from Nigeria’s Dangote Group for refinery expansion—the largest overseas order in EIL’s history. International business now accounts for 65% of all new order inflows. Following these results, EIL shares surged nearly 16% on the National Stock Exchange today, hitting an intraday high of 209.71. The stock has gained 21% over the past week, supported by strong investor confidence and a consensus "Buy" rating from market analysts. The operational efficiency of the firm improved significantly, with EBITDA margins expanding to 29.10% from 12.80% a year ago. Operating profit, or EBITDA, skyrocketed 259% to reach 352 crore for the quarter. EIL is increasingly pivoting toward high-growth sectors such as green hydrogen, biofuels, and refinery upgrades. Management has signaled a revenue growth guidance of 15% to 20% for the full 2026 fiscal year, supported by a diverse project pipeline. Strategic investments also underscore long-term growth, including a 26% stake in the 6,388 crore Ramagundam fertilizer project and a minority stake in the Numaligarh Refinery. These moves position the Navratna PSU as a central player in India’s expanding energy and infrastructure landscape.