ALPHA TRIBE

Deep Industries LimitedBoard Meeting, 04-08-2025: Outcome of Board Meeting

04-08-2025 | 01:55 pm

Deep Industries' board has announced a board meeting where it approved strong Q1 FY26 consolidated financial results: Revenue at Rs 199.5 Cr, Net Profit at Rs 61.7 Cr, and EPS of Rs 9.19. The board re-appointed key management personnel, including Chairman & MD Paras Savla and MD Rupesh Savla for 5 years, along with other directors. Strategic moves include greenlighting the substantial acquisition of Deep Natural Resources, making it a subsidiary, and altering the company's main business objectives to enable in-house chemical and hydrocarbon fluid sourcing. The record date for the final dividend is set for August 22, 2025.

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