Jindal Drilling And Industries Limited — Board Meeting, 26-05-2025: Outcome of Board Meeting
26-05-2025 | 07:52 pm
26-05-2025 | 07:52 pm
Jindal Drilling has announced a board meeting on May 26, 2025, where it approved the financial results for the quarter and financial year ended March 31, 2025. Consolidated net profit jumped to Rs. 215 Cr from Rs. 51.5 Cr last year, supported by higher operational income of Rs. 828 Cr and tight cost control. The board declared a 20% dividend (Rs. 1 per share), doubling last year’s payout. The company also completed a Rs. 654 Cr acquisition of the rig “Jindal Pioneer” funded entirely through internal accruals. AGM is scheduled for August 28, 2025.
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