Jindal Drilling And Industries Limited has informed the Exchange regarding Board meeting held on July 30, 2025.
JINDRILL · price
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The board of Jindal Drilling & Industries approved unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Standalone total income rose to Rs. 26,256 lakhs from Rs. 18,409 lakhs a year earlier, while standalone profit after tax nearly doubled to Rs. 5,645 lakhs (from Rs. 2,294 lakhs), giving an EPS of Rs. 19.48 vs Rs. 7.82. On a consolidated basis, including JV share of profits, PAT stood at Rs. 6,611 lakhs with EPS of Rs. 22.81. The board also recommended re-appointment of Dr. Raj Kamal Aggarwal as Independent Director for 5 years from November 10, 2025, re-appointed M/s P L Gupta & Co. as Internal Auditors for FY 2025-26, and recommended appointment of M/s Ajit Mishra & Associates as Secretarial Auditor for five years (FY 2025-26 to FY 2029-30). Note: A favourable ONGC arbitration award has not been booked as the Bombay High Court has kept the bank guarantee alive till September 12, 2025.
Q1 FY26 shows strong year-on-year growth in both revenue and profit, with standalone PAT more than doubling, which is positive for shareholders. The pending ONGC arbitration outcome remains an upside catalyst but is not yet reflected in the numbers.