Deep Industries announced during their Q4 FY26 earnings call that they aim to prioritize safety, execution, and asset reliability moving forward. They've made the decision to write off legacy receivables worth approximately INR208 crore, but are optimistic about maintaining an order book above INR3,000 crore and projecting a growth of 25-30% over the next two years.

Deep Industries significantly boosted its profit by 49.8% Year-on-Year in Q3 of the financial year 2026, reaching INR 71.3 crore. This impressive growth was accompanied by a revenue increase of 43.1%, amounting to INR 221.5 crore. The company's order book stands robustly at INR 3,050 crore.

Deep Industries reports a substantial 55% revenue growth to ₹891 Crore in FY26, with pre-exceptional profit before tax (PBT) increasing by 65% to ₹348 Crore. However, the Q4 results were affected by a non-cash write-off of ₹208 Crore, causing some volatility. Despite this, shares of Deep Industries are currently trading at ₹462.7, marking a 0.97% increase and maintaining a price-to-earnings ratio of 14.88.

Deep Industries reduced its quarterly loss by a significant margin, reporting a net loss of ₹144 million compared to ₹2 billion last year. The company's revenue also surged, reaching ₹2.5 billion, marking a 47% year-on-year growth.

Deep Industries announces Q4 FY26 results, emphasizing its expanding reach in the oil and gas sector with a 36.5% stake held by the promoters, while the public owns the remaining 63.5%. The company offers an optimistic business outlook.

Deep Industries announced a dividend of ₹2.50 per share for FY26 and reappointed Manubhai Shah LLP as their auditors. Notably, they also reported an exceptional trade receivables write-off.

Deep Industries aims for significant growth of 25-30%, investing approximately INR 300 crores to expand their production and gas unit operations.

Deep Industries secures a ₹78 crore, 30-month contract extension from Antelopus Selan Energy, starting in July 2026, for providing integrated drilling services. This deal is not a related-party transaction as confirmed.

Titagarh Naval Systems secures initial approval for shipbuilding expansion, with a ₹1,000-crore loan from IRFC. Meanwhile, Aurobindo Pharma reports success in Phase 3 trials, and Deep Industries wins a ₹59-crore contract from ONGC.

Deep Industries has secured a significant contract worth 59 crore rupees from ONGC Corporation, marking a notable collaboration between the two entities in the energy sector. This deal is expected to bolster Deep Industries' operations and growth prospects.

Deep Industries has secured a significant ₹59 crore deal with ONGC for gas compression and dehydration services. This contract, located in Rajamundry, underscores the continuous demand for such services from prominent energy companies.

Deep Industries has secured a ₹59 crore contract from ONGC for providing gas services at Rajamundry Asset, marking a three-year engagement for natural gas compressor services. This contract falls within their usual business operations.