Deep Industries Reports Strong Q3FY26 Performance with 50% Profit Growth
Deep Industries delivered exceptional Q3FY26 performance with consolidated net profit reaching ₹713.50 crores (up 49.84% YoY) and revenue from operations growing 43.06% to ₹2,214.99 crores. The company also acquired 70% stake in Deep Natural Resources Limited during the quarter, strengthening its market position in oil and gas services.

*this image is generated using AI for illustrative purposes only.
Deep Industries has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating robust operational performance across both standalone and consolidated operations. The company's Board of Directors approved these results on February 5, 2026, showcasing continued growth momentum in the onshore oil and gas field services sector.
Consolidated Financial Performance
The company delivered exceptional consolidated results for Q3FY26, with significant improvements across all key financial metrics. Revenue from operations reached ₹2,214.99 crores compared to ₹1,548.26 crores in the corresponding quarter of the previous year.
| Financial Metric: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹2,214.99 crores | ₹1,548.26 crores | +43.06% |
| Total Income: | ₹2,314.12 crores | ₹1,633.54 crores | +41.66% |
| Net Profit (Owners): | ₹680.59 crores | ₹436.06 crores | +56.07% |
| Consolidated Net Profit: | ₹713.50 crores | ₹476.16 crores | +49.84% |
| Basic EPS: | ₹10.63 | ₹6.81 | +56.09% |
Standalone Results Analysis
The standalone financial results also reflected strong performance, with revenue from operations growing to ₹1,793.57 crores from ₹1,200.46 crores in Q3FY25. Net profit for the standalone entity reached ₹507.23 crores, representing a 55.01% increase from ₹327.25 crores in the previous year.
| Standalone Metrics: | Q3FY26 | Q3FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,793.57 crores | ₹1,200.46 crores | +49.39% |
| Net Profit: | ₹507.23 crores | ₹327.25 crores | +55.01% |
| Basic EPS: | ₹7.92 | ₹5.12 | +54.69% |
Nine-Month Performance Overview
For the nine months ended December 31, 2025, the consolidated revenue from operations stood at ₹6,420.08 crores compared to ₹4,088.99 crores in the corresponding period of the previous year. The consolidated net profit attributable to owners reached ₹1,942.97 crores, significantly higher than ₹1,190.72 crores in the previous year.
Strategic Developments
During the current quarter, Deep Industries acquired 3,50,000 equity shares of Deep Natural Resources Limited, representing 70% equity stake. The acquisition was completed at a premium of ₹31.25 per share from Prabha Energy Limited, making Deep Natural Resources Limited a subsidiary of the company.
Regulatory Compliance
The company has incorporated the impact of the four Labour Codes notified by the Government of India on November 21, 2025, in accordance with Ind AS 19 - Employee benefits. The incremental impact has been recognized as employee benefit expense in the current quarter results, demonstrating the company's commitment to regulatory compliance and transparent financial reporting.
Historical Stock Returns for Deep Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.67% | +10.61% | -10.05% | -21.20% | -24.56% | +2,198.03% |


































