Jindal Drilling And Industries Limited — Investor Meet, 30-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Jindal Drilling reported Q3 FY26 total revenue of Rs. 161 Cr and a PAT loss of Rs. 37 Cr. This was primarily due to a Rs. 100.43 Cr reversal of other income linked to an old ONGC receivable, now under Supreme Court appeal. Revenue from operations, however, stood stable at Rs. 242 Cr. The company boasts a strong order book of approximately Rs. 1183 Cr as of December 2025, with improving net cash reflecting robust cashflows. It currently operates 5 jack-up rigs with ONGC, with one rig undergoing refurbishment.