EIL's quarterly revenue declined by -1% on Y-o-Y basis and increased by 23% on Q-o-Q basis to Rs.4885 mn. EBITDA increased by 105% and 16% on Q-o-Q and Y-o-Y basis respectively. PAT is up by 82% and 5% to Rs.1089 mn on Q-o-Q and Y-o-Y basis respectively. Revenue from high margin PMC business declined by 3% on Y-o-Y basis but shown signs of recovery if compared on Q-o-Q basis where it is up by 9% to Rs.2550 mn. Revenue from Turnkey projects improved by 1% and 43% on Y-o-Y basis and Q-o-Q basis respectively to Rs.2335 mn.