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(22/08/2026 18:00)

Jindal Drilling Q1 net profit down 7.14% at Rs 52.42 cr

The company reported standalone net profit of Rs 52.42 crore for the quarter ended June 30, 2026 as compared to Rs 56.45 crore in the same period last year, registering a year-on-year decline of 7.14 per cent.

Net revenue of the company rose moderately by 8.38 per cent at Rs 275.39 crore in April-June quarter of this fiscal as against Rs 254.09 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 16.61 per cent to Rs 171.74 crore from Rs 147.28 crore in year ago period.

Other Income dipped by 14.88 per cent at Rs 7.21 crore versus (Jun'25 Rs 8.47 crore).

Operating Profit slipped by 2.96 per cent to Rs 103.65 crore as against Rs 106.81 crore in the year ago period, while Operating Profit Margin (OPM) contracted year-on-year to 10.47 per cent in June quarter.

Interest declined by 43.92 per cent y-o-y to Rs 1.43 crore, while Taxation decreased by 4.24 per cent at Rs 18.28 crore (Jun'25 Rs 19.09 crore).

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