DEE Development Engineers Limited has reported a remarkable 39.2% revenue growth for the second quarter of fiscal year 2026, ending September 30, 2025. The company's operating income surged to ₹2,700 million, marking a sequential increase of 20.7%. Despite a year-on-year decline in profit after tax (PAT) to ₹179 million—primarily due to an exceptionally high other income of ₹160 million in the previous year—normalized operating profit before tax (PBT) still demonstrated robust growth. Adjusted figures indicated an underlying operational PBT increase of 69% compared to the same quarter last year.
In the first half of FY26, DEE Development Engineers achieved a 30.3% increase in revenue from operations, totaling ₹4,938 million. Operating EBITDA for this period rose 46.4% to ₹799 million, resulting in a margin expansion of 179 basis points to 16.2%. The PAT for H1 FY26 was reported at ₹311 million, reflecting a year-on-year growth of 22.1%. The company's performance has been bolstered by strong traction in the power sector, which accounted for new orders worth ₹170 crores from major thermal power players, contributing to an order book of ₹1,308 crores as of September 30, 2025.
On the operational front, DEE Development Engineers recently marked a significant milestone by commissioning a production capacity of 30,000 MT at its Anjar facility on September 8, 2025. Furthermore, the company is on track to complete its 7,000 MT Seamless Pipe Plant by the end of Q3 FY26, with plans for commercial production to commence in January 2026. With a focus on enhancing operational execution and expanding capacities, DEE Development Engineers aims to capitalize on emerging opportunities and drive sustainable growth, positioning itself strongly for the future.