Jindal Drilling & Industries reports 82% rise in Q1 net profit

Jindal Drilling & Industries Ltd. | Oil Exploration | Oil & Gas | BSE: 511034 | NSE: JINDRILL

14 Aug 2018 Evaluate

Jindal Drilling & Industries has reported results for first quarter ended June 30, 2018.

The company has reported 81.87% rise in its net profit at Rs 9.93 crore for the quarter under review as compared to Rs 5.46 crore for the same quarter in the previous year. Total income of the company increased by 54.99% at Rs 70.80 crore for Q1FY19 as compared Rs 45.68 crore for the corresponding quarter previous year.

Jindal Drilling & Industries is one of the leading drilling contractor in India providing service to national and international E&P companies.

Peers

Company Name	CMP
ONGC	232.50
Oil India	492.20
Jindal Drilling&Inds	594.55
Deep Industries	744.65
Aban Offshore	14.26
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