Deep Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
DEEPINDS · price
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Deep Industries Limited reported standalone total revenue of Rs.71,162.19 lakhs for FY 2025-26, down significantly from Rs.1,20,828.49 lakhs in the previous year. However, the company turned profitable with standalone PAT of Rs.9,744.79 lakhs compared to a loss of Rs.11,543.32 lakhs in FY 2024-25. EPS improved to Rs.15.23 per share from negative Rs.18.04. The auditors issued an unmodified (clean) opinion on the financial statements. Key highlights include a final dividend recommendation of Rs.2.50 per share (50%) and the completion of amalgamation of Kandla Energy & Chemicals Limited (KECL) with the company. An exceptional write-off of Rs.20,828.49 lakhs related to non-recoverable trade receivables from KECL was recorded.
Despite a substantial revenue decline, the company returned to profitability due to cost management and the one-time exceptional write-off. The clean audit opinion and dividend recommendation are positive signals for shareholders, though the significant revenue drop warrants monitoring.