DEE Development Engineers Limited — Board Meeting, 29-05-2025: Outcome of Board Meeting

DEE Development Engineers has announced a board meeting approving the audited consolidated financial results for the quarter and year ended March 31, 2025. Consolidated revenue stood at INR 827.36 Cr, with profit after tax rising to INR 43.63 Cr from INR 26.21 Cr last year. The piping division drove strong operating profits, while the biomass power subsidiary faced challenges following a tariff cut affecting assets worth INR 48.91 Cr. Management is seeking tariff revisions and strategic alternatives. Improved cash flows and reduced net debt signal healthier financials.