ESOP 2026 approved with 15 lakh options; Q1 profit grows 18% YoY
DEEPINDS · price
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Deep Industries board approved Q1 FY27 results (quarter ended June 30, 2026), new DIL ESOP 2026 scheme with 15 lakh stock options for eligible employees, and fixed Aug 21, 2026 as record date for FY26 final dividend. Standalone net profit rose 18 percent YoY to Rs 5,517.82 lakhs (EPS Rs 8.62 vs Rs 7.29). Revenue from operations stood at Rs 17,177.55 lakhs. Consolidated PAT attributable to owners was Rs 1,771.86 lakhs. COO Rajeev Kumar Sinha designated Senior Management Personnel. Company Secretary Shilpa Sharma resigns effective July 31, 2026.
ESOP may dilute equity but aligns staff interests. Solid profit growth and likely dividend payout are positives. Top management changes may bring short-term transition focus.