Jindal Drilling & Industries' Q1 FY 2025-26 Quarterly Results

Result Summary

• Jindal Drilling & Industries Ltd reported a 25.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 42.6%.
• Its expenses for the quarter were up by 12.3% QoQ and 21.8% YoY.
• The net profit decreased 540.7% QoQ and increased 50.7% YoY.
• The earnings per share (EPS) of Jindal Drilling & Industries Ltd stood at 22.8 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Jindal Drilling & Industries Ltd is a company involved in providing offshore drilling services to the oil and gas industry. Operating primarily in the energy sector, the company is known for its services related to oil exploration and extraction, focusing on offshore drilling operations. The company plays a vital role in supporting the upstream activities of oil and gas companies by offering essential drilling services that facilitate exploration and production activities. As of the latest data available, there are no specific recent developments provided about the company.

Revenue

In the first quarter of FY26, Jindal Drilling & Industries Ltd reported a total income of ₹262.56 crores. This represents a significant increase of 25.9% compared to the preceding quarter (Q4FY25), where total income was ₹208.52 crores. When compared year-over-year, from Q1FY25 to Q1FY26, total income increased by 42.6%, rising from ₹184.09 crores. The consistent growth in income across these periods highlights the company's ability to enhance its revenue generation within the industry.

Profitability

For the first quarter of FY26, the company achieved a profit before tax (PBT) of ₹75.54 crores, a substantial quarter-over-quarter increase of 79.7% from ₹42.04 crores in Q4FY25. Compared to the same quarter in the previous year, there was a 147.1% year-over-year increase from ₹30.57 crores. The tax expense for Q1FY26 was ₹19.09 crores, resulting in a profit after tax (PAT) of ₹66.11 crores, which is a notable recovery from the previous quarter's loss of ₹15.00 crores. Year-over-year, PAT increased by 50.7% from ₹43.86 crores in Q1FY25. Earnings per share for Q1FY26 were ₹22.80, following a similar pattern of recovery and growth compared to the past quarters.

Operating Metrics

The financial performance in terms of total expenses for Q1FY26 was ₹187.02 crores, which increased by 12.3% from ₹166.48 crores in Q4FY25. Year-over-year, total expenses rose by 21.8% from ₹153.52 crores in Q1FY25. The increase in expenses is consistent with the growth in income, indicating operational scaling. The earnings per share (EPS) experienced a remarkable shift from a negative ₹5.20 in Q4FY25 to ₹22.80 in Q1FY26, and it showed a year-over-year increase of 51.0% from ₹15.10 in Q1FY25. This reflects a rebound in the company’s financial health and shareholder value over the recent quarters.