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United Drilling Tools Ltd Q1FY24; 51% fall in Profits

United Drilling Tools Limited is a leading manufacturer of Oil Drilling related Equipments in the country. The company has obtained Global quality standards for its major products.

Financial Results:

United Drilling Tools Ltd reported Revenues for Q1FY24 of ₹17.59 Crores down from ₹37.12 Crore year on year, a fall of 52.61%.

Total Expenses for Q1FY24 of ₹15.57 Crores down from ₹32.76 Crores year on year, a fall of 52.47%.

Consolidated Net Profit of ₹1.53 Crores down 51.43% from ₹3.15 Crores in the same quarter of the previous year.

The Earnings per Share is ₹0.75, down 51.61% from ₹1.55 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.

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