Financial Wire

Enviro Infra Engineers Secures Orders Worth INR22.4 Billion Since March

-- Enviro Infra Engineers (NSE:EIEL, BOM:544290) has bagged orders worth 22.4 billion Indian rupees since March, across its water, wastewater, and renewable energy segments, according to a Thursday filing to the Indian stock exchanges.

The company secured orders of 11.7 billion rupees from the water and wastewater segment and over 10.7 billion rupees from the renewable energy segment. These projects are expected to be executed over the next 15-24 months.

With this, the company's current order book has increased to over 46 billion rupees.

"We have clear visibility on project execution and revenues to the tune of Rs 20 Crore (20 billion rupees) with steady growth over the next two years," said the company's chairman, Sanjay Jain.

The company's shares were up over 1% in recent trade.

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Enviro Infra Engineers Secures Orders Worth INR22.4 Billion Since March | Financial Wire