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01-Feb-2025

Deep Industries

Net up 61% on good operating show


'Net sales (including other operating income) of Deep Industries for the quarter ended Dec 2024 has increased 47.89% to Rs 154.83 crore.  Operating profit margin has jumped from 38.21% to 43.11%, leading to 66.85% rise in operating profit to Rs 66.74 crore.  Raw material cost as a % of total sales (net of stock adjustments) decreased from 44.03% to 40.76%.   Employee cost decreased from 11.68% to 9.92%.   Other expenses rose from 6.08% to 6.21%.   

Other income fell 6.67% to Rs 8.53 crore.  PBIDT rose 53.17% to Rs 75.27 crore.  Provision for interest rose 10.27% to Rs 3.22 crore.  

PBDT rose 55.88% to Rs 72.05 crore.  Provision for depreciation rose 16.37% to Rs 10.45 crore.  

Profit before tax grew 65.41% to Rs 61.60 crore.  Share of profit/loss were nil in both the periods.  Provision for tax was expense of Rs 13.98 crore, compared to Rs 9.3 crore.&nbs...



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