'
Deep Industries hosted a
conference call on Feb 7, 2024. In the conference call the company was
represented by Paras Savla, MD & CEO and Rohan Shah, Finance Director &
CFO.
Key takeaways of the call
Order Book as end of Dec 31, 2023
stand at Rs 1200 crore up from Rs 976 crore as end of Dec 2023 and Rs 1195
crore as end of Sep 2023.
Of the total order book of Rs
1200 crore about Rs 450 crore is for Rigs, Rs 500 crore is for gas compressor
packages and balance is other services and RAS.
Major order wins in Q3FY24
includes order awards from clients like ONGC and Vedanta amounting to the tune
of Rs 97 crore in the current quarter.
Company is witnessing highest
ever bidding pipeline which could further enhance the order book going forward
In order to improve the liquidity
of the stock of Dolphin Offshore on the bourses, the company declared 1:10
stock spl...
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