Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessEarningsDEE Development Engineers posts Q1 profit of Rs 3.19 crore

    DEE Development Engineers posts Q1 profit of Rs 3.19 crore

    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.

    August 16, 2024 / 18:34 IST
    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.

    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.

    first published: Aug 16, 2024 06:34 pm

    Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

    Subscribe to Tech Newsletters

    • On Saturdays

      Find the best of Al News in one place, specially curated for you every weekend.

    • Daily-Weekdays

      Stay on top of the latest tech trends and biggest startup news.

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347