State-owned Engineers India Ltd announced on Thursday (February 26) that its board of directors has approved a second interim dividend of ₹1.50 per share on the face value of ₹5 each for the financial year 2025-26. According to a stock exchange filing, the board meeting held on February 26, 2026, made this interim dividend declaration. The company had earlier informed that the record date for the interim dividend is Friday, March 6, 2026, with the second interim dividend payable from Friday, March 20, 2026, and within 30 days from the date of declaration.
Shares of Engineers India Ltd ended at ₹224.65, up by ₹4.85, or 2.21% on the BSE following the dividend announcement. As reported by CNBC TV18, the positive market response reflects investor confidence in the company's dividend policy and financial performance.
The company reported strong third quarter results with net profit of ₹347.2 crore, more than three times higher than ₹109 crore in the year-ago period. According to CNBC TV18, revenue surged 58.3% year-on-year to ₹1,210.2 crore from ₹764.5 crore, reflecting strong execution and improved business momentum. EBITDA jumped to ₹352.2 crore compared with ₹97.9 crore in the corresponding quarter last year, with the EBITDA margin expanding significantly to 29.1% from 12.8%, marking an increase of 1,630 basis points year-on-year.
The December quarter saw the company securing its largest overseas order from Nigeria's Dangote Group worth about $360 million to expand a mega refinery project. As reported by CNBC TV18, international business is becoming a key growth driver for the company, with overseas market constituting 65% of fresh order inflows while domestic orders stand at 35% as of January 2026. Engineers India is a state-run engineering and design company headquartered in New Delhi, specializing in petroleum refineries, petrochemicals, and oil and gas processing.
