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JIJINDRILL

Jindal Drilling And Industries Q2 FY26 results (Jul–Sep 2025) and concall

Oil, Gas & Consumable Fuels · Concall AI · Call held 13 Nov 2025

Jindal Drilling reported a strong Q2 FY26 with a 32% QoQ revenue increase and a 116% QoQ PAT increase to INR 121 crores, largely due to a one-time litigation settlement. Despite a 13% QoQ dip in EBITDA to INR 93 crores and a decline in operating margins to 39%, the company's net cash position significantly improved to INR 295 crores. Jindal Explorer is set for redeployment, and Jindal Pioneer is undergoing refurbishment, with a bid for an ONGC tender expected soon, aiming for improved day rates.

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What they filed

Q2 FY26: revenue up 38.4%, net profit up 656.3% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue172 239 245 254 238 +38%
EBITDA31 81 87 107 93 +200%
Net profit16 49 53 56 121 +656%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.