New Delhi, Nov. 2 -- Shares of state-owned Engineers India Ltd (EIL) surged 15% on Monday, 2 November, after the company reported a 56% year-on-year increase in net profit for the September quarter of FY27. The company also posted its highest-ever order book of Rs.20,421 crore, signalling strong business momentum and improved revenue visibility.

Engineers India's consolidated net profit rose to Rs.180 crore in Q2 FY27, compared with the corresponding period last year. On a sequential basis, profit increased 66% from Rs.108.5 crore in the April-June quarter, according to the company's financial results.

The company's operating performance also improved during the quarter. EBITDA, including other income, increased to Rs.240 crore from Rs....