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Deep Industries Limited reports Q1 FY22 Financial Results:

  • Q1FY22 Total income of Rs. 6,893.47 lacs up by 69.46% on YoY basis
  • Q1FY22 EBITDA for the period stands at Rs. 3,107.19 Lacs with margin of 45.07%
  • Q1FY22 PAT for the period stands at Rs. 1,687.26 Lacs with margin of 24.48%


Ahmedabad, August 12, 2021: Deep Industries Limited, India’s ‘One Stop Solution’ provider to the Energy Infrastructure sector in India, has announced its unaudited financial results for the Quarter ended on June 30, 2021. The company reported total income of INR 6,893.47 Lacs and PAT of Rs. 1,687.26 Lacs in Q1FY22. EBITDA Margin stands at 45.07% and PAT Margin Stands at 24.48%

Commenting upon the performance and future outlook of the Company, Mr. Paras Savla, Chairman & Managing Director said “As a pioneer in the service sector of oil and gas fields, mainly in Natural Gas compression services, the organization came across various challenges and opportunities since the commencement of the pandemic. With the rise in government initiatives and positive growth of the energy sector, a good order inflow going forward is anticipated. As we have been able to achieve encouraging growth in numbers in this quarter, we look forward to a robust and lucrative year as we continue to our tradition to provide the best services possible”

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ABOUT DEEP INDUSTRIES LIMITED

Established in the year 1991, Deep Industries Limited is India’s ‘One Stop Solution’ provider to the Energy sector. With their vision to cater to the growing Global Energy needs and by focusing on people, environment and innovative technology, the company is specialized in providing Natural Gas Compression Services, Drilling and Workover Rigs Services, Natural Gas Dehydration Services, and also having forayed into Integrated Project Management Services.

Over the years, Deep Industries Limited has invested time and effort in building up a strong infrastructure and information system capabilities and has been an ‘Energy Infrastructure Equipment Solution Provider’ for every need of the Energy Sector including Oil and Gas field operations. Their comprehensive services portfolio is well supported by skilled manpower and a wide range of equipment to be used in the industry from Exploration & Production Services to the Mid-Stream Services while maintaining safety and quality as an integral part of their corporate governance.

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