Numbers toh ekdum mast hain!
DEE Development Engineers ne Q3 FY26 ke financials reveal kiye hain aur revenue mein to josh dikhaya hai. Consolidated revenue 76.58% (YoY) tez hokar ₹28,606.77 Lacs ho gaya, jo pichle saal ₹16,200.27 Lacs tha. Sabse achhi baat, company loss se bahar nikal kar ₹1,855.42 Lacs ka consolidated Profit After Tax (PAT) kamane mein safal rahi.
Pichhle 9 mahine (9M FY26) mein bhi revenue 44.25% badh kar ₹78,042.59 Lacs ho gaya hai, aur PAT ₹4,949.21 Lacs par pahunch gaya hai.
Standalone numbers bhi dikhne layak hain. Q3 FY26 mein standalone revenue 116.78% jump karke ₹22,610.91 Lacs ho gaya aur standalone PAT bhi loss se positive mein ₹1,550.79 Lacs aa gaya.
Iske alawa, company ne new Labour Codes ke wajah se gratuity liability ke liye ₹421.85 Lacs (consolidated) aur ₹346.64 Lacs (standalone) ka exceptional item recognize kiya hai.
Par, sab kuch itna smooth nahi hai!
Asli masala toh yahan hai! Auditor ki report mein kuch bada red flag uthaya gaya hai. Auditor Malwa Power Private Limited (MPPL), jo ki ek subsidiary hai, ke impairment par koi opinion nahi de paaye hain. Iska reason ye hai ki MPPL ka Power Purchase Agreement (PPA) expire ho gaya hai aur uske extension ke liye jo provisional tariff mili hai, woh faydemand nahi hai.
Uske upar se, Punjab State Electricity Regulatory Commission (PSERC) ne company ke power plant ke liye tariff ko kam karne ke liye ek civil writ petition file ki hui hai. Is matter par company ko confidence hai, par ye abhi court mein hai. Auditor ne kaha hai ki unhe pata nahi chal raha ki in unresolved issues ki wajah se koi bada material misstatement toh nahi ho gaya hai.
So, ek taraf toh kamaal ki revenue growth hai, par dusri taraf MPPL ke future aur tariff dispute ko lekar uncertainty bani hui hai. Investors ko ab is legal battle ke result ka intezar rahega.