DEE Development Engineers Ltd News
Dee Development share price up 3% on securing orders worth Rs 55-crore
The initial uptick in the Dee Development share price came after the company revealed that it has bagged an order worth Rs 55 crore.
 "Dee Development share price up 3% on securing orders worth Rs 55-crore")
DEE Development surges 7% after increasing capacity of Gujarat facility
DEE Development Engineers share price jumped 7.20 per cent at Rs 322 a piece on the BSE in Tuesday's intraday trade
 "DEE Development surges 7% after increasing capacity of Gujarat facility")
DEE Development Engineers expects revenue to triple to Rs 2,400-cr: CMD
DEE Development Engineers, a piping solutions provider, expects its revenue to triple to around Rs 2,400 crore in the next three to five years as it embarks on its next phase of growth, the company's Chairman and Managing Director (CMD) Krishan Lalit Bansal said. The company, which reported a revenue of Rs 785 crore in 2023-24, is expecting higher revenue in the current financial year, Bansal said during an interaction here. DEE Development Engineers has launched its new facility in Anjar with an investment of Rs 250 crore. The facility, with an initial capacity of 12,000 tonnes per annum, is expected to be ramped to 27,000 tonnes per annum by September this year. The company also plans to come up with a Rs 90-crore seamless pipe manufacturing facility in Anjar by December this year, Bansal added. This unit will have an annual production capacity of 7,000 metric tonnes. "We are putting up a specialised forged seamless pipe plant also. The pipes produced out of that shall primarily
 "DEE Development Engineers expects revenue to triple to Rs 2,400-cr: CMD")
Dee Development Engineers Q2 results: Net profit jumps 125% to Rs 22.26 cr
Piping solutions provider Dee Development Engineers Ltd reported a 125 per cent rise in consolidated profit to Rs 22.26 crore in the September quarter. The company had posted a consolidated profit of Rs 9.88 crore in the year-ago period, the company has said in a filing to the BSE. The consolidated income of the company during the July-September period rose to Rs 210 crore over Rs 186.16 crore in the year-ago period. "We are currently setting up the New Anjar Facility II, which will scale our production capacity... This facility will be commissioned by the end of Q3 FY25 and will play a pivotal role in reducing logistics costs, enhancing production efficiency, and lowering manpower cost," DEE Development Engineers Ltd Chairman Krishan Lalit Bansal said.
 "Dee Development Engineers Q2 results: Net profit jumps 125% to Rs 22.26 cr")
