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Wednesday 25 Jun, 2025 07:24 PM

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Dee Development edges higher after securing $10 million contract from international client

25-Jun-25 09:49 Hrs IST

As per the contract terms, Dee Development Engineers will provide piping spool fabrication services. This includes non-destructive testing (NDT), post-weld heat treatment (PWHT), blasting and painting, packing, and transportation up to the FOB (free on board) port.

The company is required to complete the contract by 28 February 2026.

DEE Development Engineers (DDEL) is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), process industries and chemicals through engineering, procurement and manufacturing services.

The company's consolidated net profit soared 165.6% to Rs 31.50 crore on 17.75% jump in revenue from operations to Rs 286.36 crore in Q4 FY25 over Q4 FY24.

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