News
DEE Development Engineers bags order worth Rs 46 crore
15-Oct-2026 | 14:04
DEE Development Engineers announced that it has received an order worth approximately Rs 46 crore from an undisclosed US-based EPC company for manufacturing of modules and off-skid piping fabrication.
The order was confirmed through email and is scheduled for delivery by July 2027.
DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power industries, process industries, and chemicals through engineering, procurement, and manufacturing services.
The company reported a 41.89% quarter-on-quarter decline in consolidated net profit to Rs 16.08 crore in Q1 FY27 from Rs 27.68 crore in Q4 FY26. Revenue from operations declined 18.57% quarter on quarter to Rs 294.46 crore in Q1 FY27 from Rs 361.57 crore in the previous quarter.
Shares of DEE Development Engineers fell 5.94% to Rs 578.75 on the BSE.
Powered by Capital Market - Live News