JINDAL DRILLING & INDUSTRIES LTD
JINDAL DRILLING & INDUSTRIES has declared its RESULTS FOR Q/E DECEMBER, 2010.
Net Sales is Rs.265 cr – compared to Rs.276 cr in Q2 FY 11 and Rs.279 cr in Q3 FY 10.
Profit before Tax is Rs.35.4 cr, compared to Rs.33.2 cr in Q2 FY 11 and Rs.24.45 cr in Q3 FY 10.
Net Profit is Rs.24 cr – up by 6.89% from Q2 FY 11; and up by a good 48.53% from Q3 FY 10. On a proportionate basis (Q3 x 4), it is also higher by 12.76% from FY 2010.
Basic EPS is Rs.10.34, compared to Rs.9.67 in Q2 FY 11 and Rs.6.96 in Q3 FY 10.
The operating profit margin and net profit margin have both registered good improvement.
RESULTS TABLE :
| JINDAL DRILLING | 31-Dec-10 | 30-Sep-10 | 31-Dec-09 |
| MNTHS(RS.MILLNS) | 3 | 3 | 3 |
| Net Sales | 2,650.20 | 2,756.20 | 2,789.70 |
| DIF %1 | 265.00 | -3.85 | -5.00 |
| Other Income | 22.7 | 19.4 | 14.8 |
| Expenditure | -2,288.90 | -2,413.30 | -2,526.40 |
| Interest | -2.1 | -2.6 | -3.2 |
| Depreciation | -27.9 | -27.7 | -30.4 |
| Profit before Tax | 354 | 332 | 244.5 |
| Tax | -116.8 | -110.1 | -84.8 |
| Net Profit | 237.2 | 221.9 | 159.7 |
| DIF %2 | 24 | 6.89 | 48.53 |
| Equity Capital | 114.7 | 114.7 | 114.7 |
| Basic EPS | 10.34 | 9.67 | 6.96 |
| % of Shares-Public | 25.07 | 25.07 | 25.01 |
| Opertng Profit Margin | 14.49 | 13.14 | 9.97 |
| Net Profit Margin | 8.95 | 8.05 | 5.72 |
| Cash EPS | 11.56 | 10.88 | 8.29 |
NEWS ON JINDAL DRILLING
September 3, 2010 : Jindal Drilling & Industries Ltd. made it to Asia's 'Best Under A Billion' 2010 list of companies compiled by the Forbes magazine.
April, 2010 : Notable performance by Jindal’s Rig ‘Virtue I’– “Drill News”
April 29, 2010 : Jindal Drilling & Industries Ltd., received a firm order from ONGC in April 2010 for charter hire of drilling unit Noble Charlie Yester for further three years.
· The primary term for Noble’s rig “Noble Charlie Yester” was completed on31st December, 2009, however, the contract was extended for three months, which was successfully completed on 31st March, 2010. The rig was offered against the new tender invited by ONGC and was successful. The new contract for this rig will commence shortly.
Nov 20, 2009 : Jindal gets 5 year order for drilling unit 'Noble Ed-holt'
Jul 06, 2009 : Rig Noble Ed-Holt has received the prestigious Noble’s Chairman’s Award 2008 for having worked 4517 days without Recordable Incident
* * * E N D * * *
No comments:
Post a Comment