Jindal Drilling & Industries' Q2 FY 2025-26 Quarterly Results

Result Summary

• Jindal Drilling & Industries Ltd reported a 32.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 90.1%.
• Its expenses for the quarter were down by 0.8% QoQ and up 14.9% YoY.
• The net profit increased 100.5% QoQ and increased 284.5% YoY.
• The earnings per share (EPS) of Jindal Drilling & Industries Ltd stood at 45.73 during Q2 FY 2025-26.

Financial Statments for Q2 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 operates in the oil and gas sector, focusing primarily on offshore drilling services. The company's main offerings include the provision of oil rigs for exploration and production companies, which are essential tools in the search for new oil reserves beneath the ocean floor. As part of a highly specialized industry, Jindal Drilling plays a crucial role in energy production by facilitating the extraction of hydrocarbons. While the specific recent developments within the company are not detailed here, firms in this sector often focus on technological advancements, safety improvements, and expanding their operational capabilities to enhance efficiency and compliance with environmental standards.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Jindal Drilling & Industries Ltd reported a total income of ₹347.05 crores. This represents a significant quarter-over-quarter (QoQ) increase of 32.2% from ₹262.56 crores in Q1FY26. Year over year (YoY), the growth is even more pronounced, with a 90.1% increase from ₹182.55 crores in Q2FY25. These figures underscore a robust period for revenue generation, reflecting the company's enhanced capacity to generate income compared to both the previous quarter and the same quarter last year.

Profitability

The profitability of Jindal Drilling & Industries Ltd showed a strong upward trend in Q2FY26. The profit before tax (PBT) was ₹161.60 crores, a notable 113.9% increase QoQ from ₹75.54 crores in Q1FY26. On a YoY basis, the PBT surged by 662.3% from ₹21.20 crores in Q2FY25. After accounting for taxes amounting to ₹40.86 crores, the profit after tax (PAT) stood at ₹132.52 crores, which is a 100.5% increase QoQ from ₹66.11 crores and a 284.5% rise YoY from ₹34.47 crores in Q2FY25. This substantial growth in profitability metrics highlights the company's ability to effectively convert its revenue into profit over these periods.

Operating Metrics

Earnings per share (EPS) for Jindal Drilling & Industries Ltd in Q2FY26 were reported at ₹45.73, doubling from ₹22.81 in Q1FY26 and more than tripling from ₹11.90 in Q2FY25, marking a 100.5% increase QoQ and a 284.3% increase YoY. Total expenses for the company were ₹185.45 crores in Q2FY26, witnessing a slight decrease of 0.8% QoQ from ₹187.02 crores. However, there was a 14.9% increase YoY from ₹161.35 crores. These metrics indicate how the company has managed its operational costs while significantly increasing its profitability and revenue, reflecting on its operational efficiency and strategic management.