Deep Industries Limited — Investor Meet, 04-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

Deep Industries Limited announced its Q2 and H1 FY25 financial results, showcasing a 29% increase in quarterly revenue to ₹130.62 crores and a 25% increase in half-year revenue to ₹254.07 crores. The company secured a ₹1,402 crore contract with ONGC for production enhancement, expected to significantly boost revenue over the next 15 years. Their order book has reached ₹2,622 crores, indicating strong growth prospects. Furthermore, the refurbishment of the Barge asset, Prabha, is nearing completion and revenue generation is anticipated soon.