ALPHA TRIBE

DEE Development Engineers LimitedImportant, 08-03-2025: Updates

08-03-2025 | 12:09 am

DEE Development Engineers Limited has provided an update on its order book for January and February 2025. The company's total closing order book stands at ₹1,339 crore, reflecting a net order inflow of ₹86 crore during this period, with ₹140 crore executed. Key segments include:

1. **Power Sector**: Orders from the power sector increased, with a combined total from various clients resulting in significant contributions.

2. **Oil & Gas Sector**: A notable area of business with a closing order of ₹1,023 crore, despite a decrease due to execution.

3. **International Operations**: DEE Piping Systems (Thailand) also showed activity in power and oil & gas, with closing figures of ₹27 crore and ₹45 crore, respectively.

The order inflow is aligned with the company's strategic positioning within key industries, indicating a robust demand outlook. With potential for growth driven by existing and new contracts, investors should stay attentive to further developments in DEE's operational execution and industry positioning.

No comments yet. Be the first to comment!

All announcements from DEE Development Engineers Limited