Deep Industries Limited — Board Meeting, 02-05-2025: Outcome of Board Meeting

Deep Industries has announced a board meeting on May 2, 2025, approving the audited consolidated financial results for the quarter and year ended March 31, 2025. The group posted total income of Rs. 608.46 Cr and a profit before exceptional items and tax of Rs. 210.77 Cr. An exceptional loss of Rs. 251.06 Cr related to post-acquisition cleanup of Kandla Energy & Chemicals and Dolphin Offshore Shipping Limited pushed the net loss to Rs. 202.66 Cr. Excluding this, PAT was positive at Rs. 152.21 Cr with EPS before exceptionals at Rs. 41.50. Final dividend declared at Rs. 3.05/share. The acquisitions strengthen backward integration and offshore vessel capacity, boosting future margin potential.