DEE Development Engineers Posts Rs 3.19 Crore Profit in Q1

Aug 16, 2024 15:56

DEE Development Engineers Ltd reported a profit after tax of Rs 3.19 crore for the quarter ended June 30, 2024, compared to a loss of Rs 4.58 crore in the same period last year. The company's total income also rose significantly.

New Delhi, Aug 16 (PTI) DEE Development Engineers Ltd on Friday reported profit after tax at Rs 3.19 crore for the quarter ended June 30, 2024.

However, the company had posted a loss of Rs 4.58 crore in the corresponding quarter of the previous fiscal, DEE Development Engineers Ltd (DDEL) said in a statement.

The total income of the company in the first quarter rose to Rs 188.17 crore over Rs 159.46 crore in the corresponding quarter of the previous fiscal.

The total order book of the company as on June 30, 2024, stands at Rs 803 crore. Apart from this, the company has recently secured an international contract, valued at approximately Rs 340 crore.

DDEL is a player in process piping solutions.

Source: PTI

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DEE Development Engineers Posts Rs 3.19 Crore Profit in Q1

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