News
Deep Industries secures Rs 59-cr order from ONGC
07-Apr-2026 | 07:20
Deep Industries announced that it has secured an order worth Rs 59 crore from Oil and Natural Gas (ONGC) Corporation for hiring services of Natural Gas Compressor, Gas Dehydration & HC Dew Point Depression at Malleswaram, ONGC Rajahmundry Asset.
The project is to be executed over a period of three years.
Deep Industries is in the business of oil and gas field services. The company specializes in providing air & gas compression services, drilling and workover services, gas dehydration services, etc. The company also provides integrated project management services.
The company has reported a 49.8% rise in consolidated net profit to Rs 71.34 crore on a 43.1% increase in revenue from operations to Rs 221.49 crore in Q3 FY26 as compared with Q3 FY25.
Shares of Deep Industries rose 1.57% to close at Rs 445.90 on the BSE.
