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Cfo
CIO Bulletin
11 April, 2025
Deepak Builders received strong financial results during Q3 under CFO Rishabh Gupta whose resignation took effect for personal reasons.
The Key Managerial Personnel (KMP) and Chief Financial Officer (CFO) at Deepak Builders and Engineers India named Rishabh Gupta tendered his resignation for individual reasons. On April 8th 2025 the firm revealed that Gupta sent his resignation email due to personal reasons. The company policy requires Gupta to work one month following his resignation decision.
The financial operations of the company faced skilled leadership from Rishabh Gupta through its time of significant growth. During his time at Deepak Builders, the business achieved a 52.6% increase in standalone profit at ₹16.26 crore for Q3 FY25 while operating in Q3 FY24 with ₹10.64 crore. He reported revenue increases of 22% when examining the period from December 31, 2024 to achieve ₹130.55 crore in revenue.
During his position as CFO Gupta directed the financial approach of the construction company that addresses administrative and institutional alongside industrial residential and hospital and stadium projects.
The firm intends to schedule the CEO search process for its future Chief Financial Officer within the following period. Company stakeholders carefully observe the impact of this change on both present ongoing projects and future financial planning of the organization.
The board acknowledges the outgoing CFO's leadership in a period of essential business development.