Jindal Drilling FY26 net profit falls, dividend ₹1
Jindal Drilling and Industries Limited announced its audited standalone and consolidated financial results for FY26, reporting a consolidated net profit of ₹21,060 lakh, a decrease from the previous year. Total consolidated income increased to ₹1,04,234 lakh. The board recommended a dividend of ₹1 per share, subject to shareholder approval.

*this image is generated using AI for illustrative purposes only.
Jindal Drilling and Industries Limited reported a consolidated net profit of ₹21,060 lakh for the financial year ended March 31, 2026, a decrease from ₹21,590 lakh in the previous year. Total consolidated income for the year rose to ₹1,04,234 lakh from ₹88,433 lakh in FY25. The board has recommended a dividend of ₹1 per equity share, subject to shareholder approval at the Annual General Meeting.
Q4 Standalone Performance
For the quarter ended March 31, 2026, the standalone net profit declined to ₹3,223 lakh compared to ₹5,328 lakh in the corresponding quarter of the previous year. Revenue from operations for Q4 FY26 stood at ₹27,167 lakh, up from ₹26,361 lakh in Q4 FY25. The company reported an exceptional expense of ₹395 lakh during the quarter related to the implementation of new Labor Codes.
Q4 Standalone Key Metrics
| Metric | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Net Profit | ₹3,223 Lakh | ₹5,328 Lakh |
| Revenue | ₹27,167 Lakh | ₹26,361 Lakh |
| EBITDA | ₹7,810 Lakh | ₹8,700 Lakh |
| EBITDA Margin | 29.71% | 35.50% |
Full-Year Consolidated Financial Performance
On a consolidated basis, total income for FY26 increased to ₹1,04,234 lakh from ₹88,433 lakh in the prior year. Total expenses for the year were recorded at ₹80,642 lakh compared to ₹69,592 lakh in FY25. Profit before tax for the year stood at ₹26,996 lakh, marginally higher than the ₹26,347 lakh reported in the previous financial year. Net profit on a consolidated basis edged lower to ₹21,060 lakh from ₹21,590 lakh.
Key Consolidated Financial Metrics
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Total Income | 1,04,234 | 88,433 |
| Total Expenses | 80,642 | 69,592 |
| Profit Before Tax | 26,996 | 26,347 |
| Net Profit | 21,060 | 21,590 |
| Basic EPS (₹) | 72.67 | 74.50 |
Dividend Declaration
The board of directors has recommended a dividend of 20% on equity shares, amounting to ₹1.00 per equity share of face value ₹5 each for the financial year 2025-26. This dividend is subject to the approval of members at the forthcoming Annual General Meeting. In the previous year, the company had also declared a dividend of ₹1.00 per share.
Auditor and Governance Updates
M/s Kanodia Sanyal & Associates, Statutory Auditors, issued an audit report with an unmodified opinion on the standalone and consolidated audited financial results. Additionally, the board re-appointed M/s P L Gupta & Co. Chartered Accountants as the Internal Auditors of the company for the financial year 2026-27.
Historical Stock Returns for Jindal Drilling & Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.41% | -4.62% | +5.29% | +19.05% | -7.79% | +379.53% |
What specific factors are driving the increase in total expenses despite the rise in total income?
How will the implementation of the new Labor Codes impact operational costs and margins in FY27?
Will the company maintain the current dividend payout ratio given the slight decline in net profit?


































