Deep Industries Q3 FY26 Unaudited Results: Revenue ₹1918 Cr (Standalone), ₹2314 Cr (Consolidated)
Deep Industries reported Q3 FY26 unaudited standalone results with total income at ₹1918 Cr and net profit at ₹507 Cr. Consolidated figures show total income at ₹2314 Cr and net profit at ₹713 Cr. The company acquired a 70% stake in Deep Natural Resources Limited, making it a subsidiary.
The financial results show growth, and the acquisition of a subsidiary is a significant strategic move. However, the impact is considered medium as it is a routine quarterly results announcement and the full impact of the acquisition will be seen in future quarters.
The company reported positive financial results with increased revenue and profit on both standalone and consolidated basis for the quarter and nine months ended December 31, 2025. The acquisition of a subsidiary also indicates strategic growth.
Deep Industries Limited announced its un-audited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results in a meeting held on February 05, 2026.
For the standalone results, the company reported a total income of ₹19,185.55 lakh for the quarter ended December 31, 2025, and ₹57,417.62 lakh for the nine months ended the same date. Net profit for the quarter stood at ₹5,072.25 lakh, while for the nine-month period, it was ₹14,771.21 lakh. Basic earnings per share for the quarter were ₹7.92.
On a consolidated basis, the total income for the quarter ended December 31, 2025, was ₹23,141.19 lakh, and for the nine months, it was ₹68,661.44 lakh. The consolidated net profit for the quarter was ₹7,134.97 lakh, and for the nine months, it was ₹20,427.88 lakh. Basic earnings per share on a consolidated basis for the quarter were ₹10.63.
During the current quarter, Deep Industries acquired 3,50,000 equity shares of M/s Deep Natural Resources Limited, representing 70% of its equity share capital. This acquisition made Deep Natural Resources Limited a subsidiary of the company, effective from the current quarter. The financial results for the current quarter are not comparable with previous periods due to this acquisition.
The company operates in a single business segment, 'Onshore Oil and Gas Field Services'. The statutory auditors, M/s Mahendra N. Shah & Co., have issued a limited review report on these results.
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