DEE Development Engineers Limited reported its unaudited financial results for the second quarter and half-year ending September 30, 2025, during a Board of Directors meeting on November 4, 2025. The company disclosed a total income of ₹27,517.24 lakhs, which is an increase compared to ₹21,000.36 lakhs for the same period last year. However, the total expenses for the quarter were reported at ₹25,282.84 lakhs, leading to a profit before tax of ₹2,234.40 lakhs, down from ₹2,613.75 lakhs in the previous year. The earnings per share also showed a decline, with basic earnings reported at ₹2.57 compared to ₹3.62 in the previous year.
The financial results were accompanied by a Limited Review Report from independent auditors, emphasizing the need for caution regarding the potential impact of the expiry of a Power Purchase Agreement with Malwa Power Private Limited, one of its subsidiaries. The auditors noted their inability to assess impairment for the subsidiary due to insufficient audit evidence following the agreement's expiration on April 27, 2025. Additionally, ongoing legal disputes with the Punjab State Power Corporation regarding tariff revisions could also affect future financial outcomes, as these matters remain sub-judice.
In terms of performance across its subsidiaries, the consolidated results showed total revenues of ₹5,741.74 lakhs for the quarter and ₹11,394.37 lakhs for the half-year, with a net profit after tax of ₹470.79 lakhs and ₹1,071.01 lakhs, respectively. The Board's meeting was efficient, lasting from 11:00 A.M. to 12:50 P.M., and the results were made available on the company’s website for public viewing. As DEE Development Engineers continues to navigate financial challenges and potential legal hurdles, the management remains focused on maintaining transparency and compliance with SEBI regulations.