DEE Development Engineers Limited — Board Meeting, 11-11-2024: Outcome of Board Meeting

The Board of Directors has approved the un-audited financial results for the quarter and half-year ended September 30, 2024, demonstrating a total income increase to INR 155.77 crore, up from INR 14.78 crore in the previous quarter. Additionally, the company is investing INR 90 crore to establish a seamless pipe manufacturing plant in Gujarat, which will enhance production capacity by 7,000 tons. This strategic move aims to expand the company's product offerings in the piping sector. Earnings per share for the period stands at INR 0.08, reflecting positive growth potential for shareholders.