Deep Industries' Q2 FY 2026-27 Quarterly Results

Result Summary

• Deep Industries Ltd reported a 3.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 29.2%.
• Its expenses for the quarter were up by 9.7% QoQ and 38.8% YoY.
• The net profit decreased 8.9% QoQ and increased 14.0% YoY.
• The earnings per share (EPS) of Deep Industries Ltd stood at 11.95 during Q2 FY 2026-27.

Financial Statments for Q2 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Deep Industries Ltd is a company operating within the energy sector, primarily focusing on services that support oil and gas exploration and production. The company provides a variety of solutions, which may include gas compression services, drilling and workover services, and integrated project management. The firm is known for its technical expertise and operational efficiency, which enable it to serve a diverse range of clients in the energy industry. As of the latest data available, there are no specific recent major developments publicly identified for Deep Industries Ltd.

Revenue

In the second quarter of fiscal year 2027 (Q2FY27), Deep Industries Ltd reported a total income of ₹313.03 crores. This represents a 3.4% increase from the previous quarter (Q1FY27), where the total income was ₹302.60 crores. When compared to the second quarter of the previous fiscal year (Q2FY26), where the total income was ₹242.27 crores, this marks a significant year-over-year growth of 29.2%. This upward trend in revenue indicates a substantial enhancement in the company’s income over both short-term and long-term periods.

Profitability

The company's profitability in Q2FY27 showed a mixed performance, with a profit before tax of ₹103.65 crores, which is a decrease of 7.2% from the previous quarter (Q1FY27) where the profit before tax was ₹111.65 crores. However, on a year-over-year basis, there was an increase of 13.3%, as the profit before tax in Q2FY26 was ₹91.45 crores. The tax expense for Q2FY27 was ₹22.43 crores, marginally lower by 0.3% from Q1FY27 and higher by 10.9% compared to Q2FY26. Profit after tax in Q2FY27 stood at ₹81.22 crores, reflecting a decline of 8.9% quarter-over-quarter but an increase of 14.0% year-over-year.

Operating Metrics

In terms of operating metrics, Deep Industries Ltd reported an earnings per share (EPS) of ₹11.95 in Q2FY27. This figure is down by 10.4% from the previous quarter's EPS of ₹13.34, yet it shows a 13.5% increase from the EPS of ₹10.53 recorded in Q2FY26. The company’s total expenses for Q2FY27 were ₹209.38 crores, which represents a 9.7% increase from the preceding quarter's expenses of ₹190.95 crores, and a 38.8% rise compared to the same quarter in the prior fiscal year, where expenses were ₹150.82 crores. This data points to a significant increase in operational costs, which is an important aspect of the company's financial performance for this period.