DEE Development Engineers Secure 36 Cr Reliance Industries Contract
India, Aug. 20 -- DEE Development Engineers has received a purchase order from Reliance Industries for pipe shop fabrication work valued at approximately Rs. 36 crore, including GST. The domestic contract is scheduled for completion within nine months, providing DEE with additional execution visibility over the coming quarters.
The order comes as DEE continues to expand its piping and fabrication business. While the contract is not large enough to materially change the company's overall financial profile, its execution can support capacity utilisation and incremental revenue. The order is structured on a job-work basis, so the eventual impact on profitability will depend on execution efficiency and contract margins.
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