Engineers India's Q4 earnings beat estimates and total order inflow was strong during FY17 but EBITDA was lower due to the provision in employee cost.
In an interview with CNBC-TV18, Sanjay Gupta, Chairman of Engineers India spoke about the results and his outlook for the company. "The most exciting news for the last year has been that we have a very strong order book in hand and we are going to ride extremely high on that," said Gupta.
Several stuck projects have seen some progress. International business too is looking up, he added.
On the margin front, he said in the next quarter they should be better than the last quarter.
"Consultancy segment, which is our traditional core business, we will be fairly steady out there, the operating margins have been good and we have been doing reasonably well in that sector," added Gupta.
Watch accompanying video for more details.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
