DEE Development Engineers Limited — Board Meeting, 11-08-2025: Outcome of Board Meeting
11-08-2025 | 12:20 pm
11-08-2025 | 12:20 pm
DEE Development Engineers has announced outcomes from its board meeting. The company reported consolidated revenue of ₹223.76 Cr and a profit (PAT) of ₹13.14 Cr for the quarter ended June 30, 2025. A key strategic move includes acquiring a 70% stake in Molsieve Designs Limited for ₹6.59 Cr. The board also re-appointed its Internal and Cost Auditors for FY25-26 and appointed a Secretarial Auditor for five years. Operational challenges include ongoing power purchase agreement disputes with PSPCL, where reduced tariffs are being contested and impact valuations. #DEEDEV #Q1Results
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