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Deep Industries Ltd Q2FY24; 76% rise in Profits

Incorporated in 1991, 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 Q2FY24 of ₹101.00 Crores up from ₹67.00 Crore year on year, a rise of 50.75%.

Total Expenses for Q2FY24 of ₹73.00 Crores up from ₹53.00 Crores year on year, a rise of 37.74%.

Consolidated Net Profit of ₹30.00 Crores up 76.47% from ₹17.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹4.59, up 77.22% from ₹2.59 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.

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