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Jindal Drilling & Industries Ltd Q1FY24; 39% fall in Profits

Jindal Drilling & Industries, part of the Dharam Pal Jindal Group, is a leading Indian company in offshore drilling and allied services, including directional drilling and mud logging.

Financial Results:

  • Jindal Drilling & Industries Ltd reported Revenues for Q1FY24 of ₹94.00 Crores down from ₹133.00 Crore year on year, a fall of 29.32%.
  • Total Expenses for Q1FY24 of ₹71.00 Crores down from ₹106.00 Crores year on year, a fall of 33.02%.
  • Consolidated Net Profit of ₹20.00 Crores down 39.39% from ₹33.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹7.01, down 37.74% from ₹11.26 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Drilling
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