X

Deep Industries Ltd Q1FY24; 55% rise in Profits.

Deep Industries Ltd is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, etc.. The company also provides integrated project management services.

Financial Results:

Deep Industries Ltd reported Revenues for Q1FY24 of ₹101.00 Crores up from ₹73.00 Crore year on year, a rise of 38.36%.

Total Expenses for Q1FY24 of ₹69.00 Crores up from ₹51.00 Crores year on year, a rise of 35.29%.

Consolidated Net Profit of ₹31.00 Crores up 55.0% from ₹20.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.88, up 60.53% from ₹3.04 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
Related Post