Jindal Drilling Reports Record Profit of ₹140.84 Crore, Acquires New Jack-up Rig Aug 06, 2025
Jindal Drilling & Industries Limited (JDIL) announced strong financial results with standalone net profit reaching ₹140.84 crore, up from ₹114.09 crore. Consolidated net profit stood at ₹215.90 crore. Revenue increased to ₹827.95 crore, and EBITDA hit an all-time high of ₹293.80 crore. The company maintained 98.8% operational efficiency and acquired a new jack-up rig 'Jindal Pioneer' for $75 million. A dividend of ₹1.00 per equity share was recommended. Despite industry challenges, JDIL remains optimistic about future prospects in the Indian drilling market.
Jindal Drilling Reports Strong Q1 Results, Projects Revenue Exceeding ₹925 Crores for FY26 Aug 04, 2025
Jindal Drilling Projects Strong Revenue Growth for FY26 and FY27 Aug 04, 2025
Jindal Drilling Reports Strong Q1 Performance, Boasts ₹1,538 Crore Order Book Jul 30, 2025
Jindal Drilling & Industries posted impressive financial results for Q1 FY2026. Standalone net income rose 41.04% to Rs 24.09 crore, while standalone profit surged 145.65% to Rs 56.45 crore. Consolidated profit increased by 50.73% to Rs 66.11 crore. EPS grew to Rs 19.48, up 145.96% YoY. The board recommended reappointing Dr. Raj Kamal Aggarwal as Independent Director, reappointed M/s P L Gupta & Co. as Internal Auditors, and proposed M/s Ajit Mishra & Associates as Secretarial Auditors for five years.
Jindal Drilling's Q4 net profit soared 67.5% year-over-year to ₹532.80 crore, with revenue rising 23.7% to ₹2,450.00 crore. The company also announced a dividend of ₹1.00 per equity share, reflecting strong financial performance and shareholder value commitment.
Jindal Drilling's Q4 financial performance shows significant growth across key metrics. Revenue increased by 23.7% to ₹2.45 billion, while net profit jumped 67.5% to ₹532.8 million compared to the same quarter last year. EBITDA rose by 76.1% to ₹869.8 million, with the EBITDA margin expanding to 35.50%. The company's board has recommended a dividend of ₹1.00 per equity share.
07May 25
Jindal Drilling Secures Lucrative 3-Year Contract from ONGC
Jindal Drilling and Industries Ltd. has been awarded a significant 3-year contract by Oil & Natural Gas Corporation (ONGC). The contract has an effective day rate of $35,138.71, potentially generating annual revenue of approximately ₹105.00 crore. This agreement provides revenue stability, strengthens Jindal Drilling's market position, and ensures high asset utilization. The contract reflects increased activity in the oil and gas sector and India's focus on energy security.
04Apr 25
Jindal Drilling and Industries Secures ₹100 Crore Arbitration Victory Against ONGC
Jindal Drilling and Industries Limited (JDIL) has won an arbitration case against Oil and Natural Gas Corporation Limited (ONGC), securing an award of approximately ₹100 crore. The case, ongoing since 2011, was for a claim of USD 14.77 million (₹66.33 crore as of March 31, 2011) for charter hire and directional drilling service charges. The arbitration panel's verdict on April 3, 2025, will result in a ₹66.33 crore adjustment against Other Financial Liabilities and a ₹100.42 crore profit boost for JDIL. The company is now seeking directions to implement the award.