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03-May-2025

Deep Industries

Net in red hit by higher EO Expenses


'Consolidated net sales (including other operating income) of Deep Industries for the quarter ended Mar 2025 has increased 39.75% to Rs 167.23 crore.  Operating profit margin has jumped from 31.62% to 33.88%, leading to 49.74% rise in operating profit to Rs 56.66 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 43.56% to 44.91%.   Employee cost decreased from 10.97% to 9.96%.   Other expenses fell from 14.82% to 11.25%.   

Other income fell 47.95% to Rs 5.84 crore.  PBIDT rose 27.40% to Rs 62.5 crore.  Provision for interest rose 4.11% to Rs 3.04 crore.   PBDT rose 28.87% to Rs 59.46 crore.  Provision for depreciation rose 50.99% to Rs 10.66 crore.   Profit before tax grew 24.87% to Rs 48.80 crore.  Share of profit/loss were nil in both the periods. EO exp was Rs 251.06 crore against an income of Rs 0.57 crore. During Q4FY25...



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