Deep Industries Limited — Board Meeting, 02-05-2025: Outcome of Board Meeting
02-05-2025 | 03:40 pm
02-05-2025 | 03:40 pm
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. Revenue rose to Rs. 576.13 Cr from Rs. 426.99 Cr a year ago. The company reported a net loss of Rs. 206.67 Cr, mainly due to a one-time exceptional loss of Rs. 251.06 Cr related to acquisition cleanup. Excluding this, profit before tax was Rs. 210.77 Cr with an EPS of Rs. 41.88. Deep Industries completed the acquisition of Kandla Energy & Chemicals, boosting backward integration and margin potential. A final dividend of Rs. 3.05/share (61%) is proposed. Internal auditors re-appointed for FY26.
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