Deep Industries (NSE:DEEPINDS, BOM:543288) recorded a rise in its consolidated net profit to 588.2 million Indian rupees in the fiscal first quarter ended June 30, against 370.6 million rupees a year ago.
Earnings per share grew to 9.19 rupees compared with the year-ago figure of 5.79 rupees, according to a Monday filing to the Indian stock exchanges by the oil and gas field services provider.
Revenue from operations in fiscal Q1 jumped to 1.99 billion rupees from 1.23 billion rupees a year earlier.
Shares of the company were up nearly 8% at market close.