Deep Industries reported a consolidated net profit of Rs 61.7 crore for the quarter ended June 30, 2025 (Q1 FY26), marking a significant turnaround from Rs 38.74 crore in Q1 FY25. The company had reported a net loss of Rs 206.66 crore in the previous quarter due to exceptional items.
Revenue from operations for the quarter stood at Rs 199.5 crore, up 61.5% from Rs 123.45 crore in the same quarter last year. Total income, including other income, was Rs 212.93 crore in Q1 FY26 compared to Rs 134.30 crore in Q1 FY25 and Rs 173.07 crore in Q4 FY25.
Total expenses rose to Rs 135.08 crore in Q1 FY26, from Rs 85.20 crore a year earlier. Key cost components included Rs 91 crore towards material consumption and Rs 17.7 crore in employee benefits.
Profit before tax for the quarter was Rs 77.85 crore, up from Rs 49.09 crore in Q1 FY25. The company incurred a tax expense of Rs 16.15 crore, resulting in a post-tax profit of Rs 61.7 crore.
There were no exceptional items reported this quarter, compared to a Rs 251.05 crore loss in Q4 FY25 due to exceptional charges.
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