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Deep Energy Resources Ltd Q1FY24; 35% fall in Revenue

Deep Energy Resources Ltd (formerly known as Deep Industries Limited) has a business encompassing serving the oil & gas industry. Its service portfolio includes Oil & Gas exploration and production.

Financial Results:

Deep Energy Resources Ltd reported Revenues for Q1FY24 of ₹0.51 Crores down from ₹0.79 Crore year on year, a fall of 35.44%.

Total Expenses for Q1FY24 of ₹0.90 Crores up from ₹0.86 Crores year on year, a rise of 4.65%.

Consolidated Net Profit of -₹0.40 Crores from ₹0.01 Crores in the same quarter of the previous year.

The Earnings per Share is -₹0.09, from -₹0.00 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Oil & Gas
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