United Drilling Tools Limited — Updates, 12-02-2025: Press Release

Earnings for United Drilling Tools Ltd. (UDTL) reflect robust growth for the nine months ending December 31, 2024. Revenue surged to ₹14,243.27 Cr, a remarkable 50.29% increase from ₹9,477.38 Cr in the previous year, driven by substantial domestic and international orders which bolstered UDTL’s market share. The net profit soared by 82.44% to ₹1,102.49 Cr, up from ₹604.29 Cr, showcasing improved profitability. EBITDA for the period reached ₹2,027.73 Cr, supported by an EBITDA margin of 14.23%.

The strong demand for Oil Country Tubular Goods (OCTG) and multi-starter connectors has significantly contributed to this growth, driven by high-quality offerings that meet evolving energy sector needs. UDTL’s commitment to cost management and production efficiency has enhanced profitability while strengthening its global presence through an increasing order book, particularly from overseas markets. Positive outlook for continued expansion and profitability as the company capitalizes on these opportunities.