UNIDTNSEUnited Drilling Tools LimitedHighPositive
Announced Tue, 12 Aug · 20:47 IST

United Drilling Tools Limited has informed the Exchange that Board of Directors at its meeting held on August 12, 2025, declared Interim Dividend of Rs. .60 per equity share.

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AI summary

United Drilling Tools' Board, at its meeting on August 12, 2025, approved Q1 FY26 (ended June 30, 2025) standalone and consolidated financial results. Standalone revenue from operations fell sharply to Rs. 3,166.74 lacs from Rs. 5,438.25 lacs a year ago, while net profit dropped to Rs. 291.49 lacs (vs Rs. 431.15 lacs); EPS stood at Rs. 1.43 (vs Rs. 2.13). The Board declared a 1st Interim Dividend of Rs. 0.60 per share (6%) on equity shares of Rs. 10 face value, with the record date set as August 22, 2025. The 43rd AGM was scheduled for September 23, 2025. Management also flagged that upcoming quarters are expected to see a significant revenue uptick driven by orders in hand. Additional board changes include Kanal Gupta being elevated to Managing Director (from Whole-time Director) and Pramod Kumar Gupta being redesignated as Non-Executive Chairman.

Likely market impact

The sharp year-on-year decline in both revenue and profit for Q1 FY26 is a negative signal, though management attributes it to product mix and expects a strong rebound in coming quarters. The interim dividend of Rs. 0.60 per share offers modest near-term shareholder returns, with the August 22 record date being the key date to be eligible.