DEE Development Engineers Q3 FY26 results: revenue up 77 percent, PAT turns positive
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Consolidated Q3 FY26 revenue rose 77 percent YoY to Rs 28,606.77 lacs; PAT at Rs 1,855.42 lacs versus a loss of Rs 1,332.68 lacs last year. Nine-month revenue up 44 percent to Rs 78,042.59 lacs, PAT at Rs 4,949.21 lacs versus Rs 1,212.36 lacs. Excludes Rs 421.85 lacs exceptional Labour Codes charge. Auditor flagged uncertainty over Rs 4,034.52 lacs subsidiary assets and a sub-judice PSPCL tariff dispute.
Strong YoY growth turnaround with margins expanding. Key risks: pending PSPCL tariff case and uncertain impairment of subsidiary assets.