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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.
Jindal Drilling's Q1 FY27 results were broadly as expected, with constant revenue and stable EBITDA. A new ONGC contract was secured for a rig undergoing refurbishment in UAE, anticipated to deploy by October 2026. The order book stands at INR 1,310 Cr. Management indicated three rigs face dehire this fiscal...