Deep Industries has received Letter of Awards from Oil and Natural Gas Corporation for Charter Hiring Of 01 Number Of 100MT Workover Rig for Tripura & 150MT Workover Rig for Rajahmundry for 3 Years each. The total estimated value of these awards is approximately Rs 82 crore.Powered by Capital Market - Live News

Deep Industries announced that the 18th Annual General Meeting (AGM) of the company will be held on 16 July 2024.Powered by Capital Market - Live News

Deep Industries has received a Letter of Award from Oil and Natural Gas Corporation, Kakinada for Hiring of DPDU (GDU) for processing gas for 10 months. The total estimated value of the said award is approximately Rs 56 crore. Powered by Capital Market - Live News

Net profit of Deep Industries declined 50.01% to Rs 36.12 crore in the quarter ended March 2024 as against Rs 72.26 crore during the previous quarter ended March 2023. Sales rose 15.66% to Rs 119.66 crore in the quarter ended March 2024 as against Rs 103.46 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.77% to Rs 123.85 crore in the year ended March 2024 as against Rs 116.00 crore during the previous year ended March 2023. Sales rose 25.09% to Rs 426.99 crore in the year ended March 2024 as against Rs 341.34 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales119.66103.46 16 426.99341.34 25 OPM %31.6140.57 -37.3338.24 - PBDT46.1344.28 4 186.58136.56 37 PBT39.0835.33 11 152.21106.96 42 NP36.1272.26 -50 123.85116.00 7 Powered by Capital Market - Live News

Deep Industries announced that the Board of Directors of the Company at its meeting held on 15 May 2024, has recommended a Final dividend of Rs.2.44 per share (i.e.49%), subject to the approval of the shareholders.Powered by Capital Market - Live News