Deep Industries Limited — Updates, 30-01-2025: Press Release
Deep Industries Limited reported a robust performance, with net profit increasing by 70.4% YoY to ₹47.6 Cr for Q3 FY25. Total income surged 43.5% YoY to ₹163.4 Cr, while EBITDA rose 53.2% YoY to ₹75.3 Cr, demonstrating solid operational efficiency. For the nine-month period, net profit stood at ₹127.9 Cr, up 44.6% YoY, with a total income increase of 31.2% YoY, reaching ₹435.4 Cr.
The company's order book has strengthened, reaching ₹2,701 Cr as of December 31, 2024. Chairman and MD Mr. Paras S. Savla expressed optimism about the company's growth trajectory, emphasizing a strategic focus on expanding its oilfield presence and enhancing value-added solutions to align with market demands. This positions Deep Industries well to capitalize on emerging opportunities and drive shareholder value in the coming years. Investors should maintain a positive outlook on the company's growth potential.
