The aggregate value of the order will be more than $40 million and the LoI will remain valid till 18 February 2027.
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 reported consolidated net profit of Rs 18.28 crore in Q3 FY26 compared with net loss of Rs 13.33 crore in Q3 FY25. Net sales increased 77% YoY to Rs 298.67 crore in Q3 FY26.
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