{"id":153971,"date":"2023-08-15T08:20:04","date_gmt":"2023-08-15T12:20:04","guid":{"rendered":"https:\/\/44.250.171.167\/?p=153971"},"modified":"2023-08-15T08:20:05","modified_gmt":"2023-08-15T12:20:05","slug":"united-drilling-tools-ltd-q1fy24-51-fall-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/united-drilling-tools-ltd-q1fy24-51-fall-in-profits\/","title":{"rendered":"United Drilling Tools Ltd Q1FY24; 51% fall in Profits"},"content":{"rendered":"\n<p>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.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>United Drilling Tools Ltd reported Revenues for Q1FY24 of \u20b917.59 Crores down from \u20b937.12 Crore year on year, a fall of 52.61%.<\/p>\n\n\n\n<p>Total Expenses for Q1FY24 of \u20b915.57 Crores down from \u20b932.76 Crores year on year, a fall of 52.47%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b91.53 Crores down 51.43% from \u20b93.15 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b90.75, down 51.61% from \u20b91.55 in the same quarter of the previous year.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093.png\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093-839x1024.png\" alt=\"\" class=\"wp-image-153972\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/a><\/figure><\/div>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 \u20b917.59 Crores down from \u20b937.12 Crore year on year, a fall of 52.61%. Total Expenses for Q1FY24 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":153972,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,5753],"tags":[12473,13121,9954],"class_list":["post-153971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-industrials","tag-drilling","tag-oil-drilling","tag-petroleum"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-1093.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":150718,"url":"https:\/\/alphastreet.com\/india\/jindal-drilling-39-fall-in-profits\/","url_meta":{"origin":153971,"position":0},"title":"Jindal Drilling &#038; Industries Ltd Q1FY24; 39% fall in Profits","author":"Hardik Bhandare","date":"August 1, 2023","format":false,"excerpt":"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 \u20b994.00 Crores down from \u20b9133.00 Crore year on year, a\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-23.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153379,"url":"https:\/\/alphastreet.com\/india\/great-eastern-shipping-company-ltd-q1fy24-26-rise-in-profits\/","url_meta":{"origin":153971,"position":1},"title":"Great Eastern Shipping Company Ltd Q1FY24; 26% rise in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"Great Eastern Shipping Company Ltd, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry. Financial Results: Great Eastern Shipping Company Ltd reported Revenues for Q1FY24 of \u20b91,284.00 Crores down from \u20b91,366.00 Crore year on year, a fall of 6.0%. Total Expenses for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-898.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":153652,"url":"https:\/\/alphastreet.com\/india\/south-west-pinnacle-exploration-ltd-q1fy24-85-fall-in-profits\/","url_meta":{"origin":153971,"position":2},"title":"South West Pinnacle Exploration Ltd Q1FY24; 85% fall in Profits","author":"Chirag Gupta","date":"August 14, 2023","format":false,"excerpt":"South West Pinnacle Exploration Ltd is engaged in providing end-to-end drilling, exploration and allied services to various industries. It also provides consultancy for geological field services and allied services and has an in-house team of geoscientists for providing integrated exploration services including geophysical logging, surface geophysical & topographic surveys. Financial\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-990.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150907,"url":"https:\/\/alphastreet.com\/india\/aban-offshore-ltd-q1fy24-30-fall-in-revenue\/","url_meta":{"origin":153971,"position":3},"title":"Aban Offshore Ltd Q1FY24; 30% fall in Revenue.","author":"Divyansh_Kasana","date":"August 2, 2023","format":false,"excerpt":"Aban Offshore Limited is engaged in the business of providing offshore drilling and production services to companies engaged in the exploration, development, and production of oil and gas both in domestic and international markets. It is also engaged in the ownership and operation of wind turbines for the generation of\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-81.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150785,"url":"https:\/\/alphastreet.com\/india\/deep-industries-ltd-q1fy24-55-rise-in-profits\/","url_meta":{"origin":153971,"position":4},"title":"Deep Industries Ltd Q1FY24; 55% rise in Profits.","author":"Divyansh_Kasana","date":"August 2, 2023","format":false,"excerpt":"Deep Industries Ltd is in the business of Oil and Gas field services. The company specializes in providing Air & Gas Compression Services, Drilling and Workover Services, Gas Dehydration Services, etc.. The company also provides integrated project management services. Financial Results: Deep Industries Ltd reported Revenues for Q1FY24 of \u20b9101.00\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/08\/image-45.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166158,"url":"https:\/\/alphastreet.com\/india\/great-eastern-shipping-company-ltd-q2fy25-3-fall-in-profits\/","url_meta":{"origin":153971,"position":5},"title":"Great Eastern Shipping Company Ltd Q2FY25; 3% fall in Profits","author":"Divyansh_Kasana","date":"December 30, 2024","format":false,"excerpt":"Great Eastern Shipping Company Ltd, along with its subsidiaries is a major player in the Indian shipping and Oil drilling services industry. Financial Results: Great Eastern Shipping Company Ltd reported Revenues for Q2FY25 of \u20b91,354.00 Crores up from \u20b91,229.00 Crore year on year, a rise of 10.17%. Total Expenses for\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/12\/LLL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=153971"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/153971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/153972"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=153971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=153971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=153971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}