Deep Industries FY26 Net Profit Up 50% YoY

Deep Industries reported a 55% YoY rise in FY26 operating revenue to INR 891 crores and a 44% growth in EBITDA to INR 424.82 crores.
The company wrote off INR 208 crores in legacy Kandla Energy receivables, a non-cash adjustment that did not impact operating cash flow of INR 270 crores.
Management provided 25-30% YoY growth guidance for FY27, supported by a robust order book exceeding INR 3,000 crores.
Strategic priorities for growth include Production Enhancement Contracts (PEC), higher capacity drilling rigs, and expanding the offshore fleet.