DEEPINDS2024-07-012024-09-30 DEEPINDS2024-07-012024-09-30 DEEPINDS2024-07-012024-09-30in-bse-fin:OneOperatingExpenses01Member DEEPINDS2024-07-012024-09-30in-bse-fin:FourOperatingExpenses01Member DEEPINDS2024-09-30 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 543288 DEEPINDS NOTLISTED Deep Industries Limited Equity 2024-04-01 2025-03-31 2024-10-28 2024-10-21 INR Lakhs Half yearly 12:30:00 14:55:00 2024-10-25 2024-10-28 true Cash Flow Indirect Not applicable Single segment Oil and Gas Field Services 2024-07-01 2024-09-30 Unaudited Consolidated 1306153000.00 71159000.00 1377312000.00 497916000.00 0.00 0.00 150298000.00 30678000.00 102360000.00 83143000.00 864395000.00 512917000.00 0.00 512917000.00 86755000.00 10680000.00 97435000.00 0.00 415482000.00 0.00 0.00 0.00 0.00 415482000.00 5142000.00 420624000.00 384099000.00 31383000.00 389241000.00 31383000.00 320000000.00 5 6.00 6.00 0.00 0.00 6.00 6.00 1. The above unaudited consolidated financial results for the quarter and half year ended on 30th September, 2024 of Deep Industries Limited (the Company ) were reviewed by the Audit Committee and subsequently approved by the Board of Directors at their respective meetings held on 28th October, 2024. 2. The above consolidated financial results for the quarter and half year ended on 30th September,2024 have been prepared in accordance with Indian Accounting Standards as prescribed under Section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting standards) Rules as amended from time to time and other relevant provisions of the Act. 3. The statutory auditors of the company have carried out Audit of aforesaid results as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 4. Group is required to disclose segment information based on the “Management approach” as defined in IND AS 108- Operating Segments, which is how the Chief Operating Decision Maker (CODM) evaluates the Group’s performance and allocates resources based on the analysis of the various performance indicators. CODM reviews the results of the Group engaged in the business of “Oil and Gas Field services” and “Oil and Gas Offshore Support Service”. Accordingly, Group as a whole is a single segment. Hence no separate disclosure has been made. 5. During the current half year, Deep Onshore Service Private Limited, wholly owned subsidiary of Deep Industries Limited, has received a sale certificate for M/S. Kandla Energy and Chemicals Limited from IBBI as on August 1, 2024 which is under approval with Hon'ble NCLT. 6. The company has incorporated a wholly owned subsidiary namely “SAAR International FZ-LLC” in Ras Al Khaimah Economic Zone, UAE on March 29, 2024 and Certificate of Incorporation is received on April 08, 2024. The authorized share capital of the company is AED 25,000, divided into 25 shares of AED 1000 each. The company is in the process of opening bank account as at September 30th, 2024. 7. The consolidated figures of the September quarter are the balancing figure between the unaudited figures in respect of the period upto September 30, 2024 and the unaudited year-to-date figures upto June 30, 2024 being the date of the end of the first Quarter of the financial year which were subjected to limited review. 8. Consolidated trade receivables includes old trade receivables of Dolphin Offshore Group of Rs. 141 Cr pertaining to old outstanding from erstwhile business before acquisition of the group. The same has been kept as receivable considering its recoverability based on our best assessment. 9. During the current quarter, Deep Onshore Service Private Limited, wholly owned subsidiary of Deep Industries Limited, has submitted a resolution plan for acquiring M/s Dolphin Offshore Shipping Limited, a Company under the Corporate Insolvency Resolution Process (“CIRP”) of the Insolvency and Bankruptcy Code 2016 (‘Code’) which is under approval with Hon’ble NCLT. 10. The figures of previous quarters / year are reclassified, regrouped, and rearranged wherever necessary so as to make them comparable with current period's figures. Single segment 2024-04-01 2024-09-30 Unaudited Consolidated 2540739000.00 179610000.00 2720349000.00 989764000.00 0.00 0.00 303631000.00 55878000.00 200583000.00 166600000.00 1716456000.00 1003893000.00 0.00 1003893000.00 177786000.00 23218000.00 201004000.00 0.00 802889000.00 0.00 0.00 0.00 0.00 802889000.00 6323000.00 809212000.00 754654000.00 48235000.00 760977000.00 48235000.00 320000000.00 5 11.79 11.79 0.00 0.00 11.79 11.79 Other Expenses 83143000.00 Other Expenses 166600000.00 888257000.00 6694092000.00 1839620000.00 0.00 0.00 3848879000.00 0.00 0.00 0.00 138136000.00 0.00 0.00 36354000.00 174490000.00 280093000.00 161511000.00 12998685000.00 561305000.00 1506362000.00 3078517000.00 254468000.00 278633000.00 748269000.00 50225000.00 5916474000.00 120000.00 388698000.00 6866597000.00 3712000.00 0.00 19868994000.00 320000000.00 14717357000.00 15037357000.00 15925614000.00 807925000.00 0.00 10586000.00 818511000.00 0.00 675580000.00 0.00 0.00 1494091000.00 1025727000.00 254968000.00 122968000.00 1403663000.00 972599000.00 0.00 73027000.00 0.00 2449289000.00 0.00 0.00 3943380000.00 19868994000.00 55878000.00 -67300000.00 -163807000.00 0.00 0.00 0.00 0.00 0.00 0.00 -204570000.00 0.00 0.00 0.00 200583000.00 0.00 0.00 0.00 0.00 0.00 -2315000.00 1412000.00 74157000.00 0.00 0.00 0.00 0.00 0.00 2951000.00 0.00 -254149000.00 749744000.00 0.00 0.00 0.00 147173000.00 -92384000.00 510187000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 129075000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 676397000.00 0.00 0.00 0.00 0.00 1412000.00 76437000.00 0.00 6030000.00 0.00 -721593000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 193458000.00 -212120000.00 0.00 1045000.00 156160000.00 52393000.00 0.00 0.00 195980000.00 -15426000.00 0.00 -15426000.00 269894000.00 254468000.00