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DEE Development Engineers posts Rs 3.19 crore profit in Q1

BNE News Desk , August 16, 2024
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New Delhi: DEE Development Engineers Ltd announced on Friday that they had a profit after tax of Rs 3.19 crore for the quarter ending on June 30, 2024. Nevertheless, DEE Development Engineers Ltd (DDEL) stated that the company had recorded a loss of Rs 4.58 crore in the same quarter of the previous fiscal year.

The company's earnings increased from Rs 159.46 crore to Rs 188.17 crore in the first quarter compared to the same period last year.

As of June 30, 2024, the company's overall order book amount is Rs 803 crore. Additionally, the company has recently obtained an overseas deal worth around Rs 340 crore.

DDEL specializes in providing solutions for process piping.