United Drilling Tools Q3 FY2022 net profit slips QoQ to Rs. 13.04 crores

United Drilling Tools Limited has reported Standalone financial results for the period ended December 31, 2021.

Financial Results (Q3 FY2022) - QoQ Comparison

The company has reported total income of Rs. 46.1426 crores during the period ended December 31, 2021 as compared to Rs. 48.4580 crores during the period ended September 30, 2021.

The company has posted net profit / (loss) of Rs. 13.0420 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs. 15.0809 crores for the period ended September 30, 2021.

The company has reported EPS of Rs. 6.42 for the period ended December 31, 2021 as compared to Rs. 7.42 for the period ended September 30, 2021.

Financials	Q3 FY2022	Q2 FY2022	% Change
Total Income	₹ 46.1426 crs	₹48.4580 crs	-4.78%
Net Profit	₹13.0420 crs	₹15.0809 crs	-13.52%
EPS	₹6.42	₹7.42	-13.48%

Financial Results (Q3 FY2022) - YoY Comparison

The company has reported total income of Rs. 46.1426 crores during the period ended December 31, 2021 as compared to Rs.32.6683 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.13.0420 crores for the period ended December 31, 2021 as against net profit / (loss) of Rs.12.0707 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.6.42 for the period ended December 31, 2021 as compared to Rs.5.94 for the period ended December 31, 2020.

Financials	Q3 FY2022	Q3 FY2021	% Change
Total Income	₹ 46.1426 crs	₹32.6683 crs	41.25%
Net Profit	₹13.0420 crs	₹12.0707 crs	8.05%
EPS	₹6.42	₹5.94	8.08%

Financial Results (9 Months Ended FY2022) - YoY Comparison

The company has reported total income of Rs.126.3569 crores during the 9 Months period ended December 31, 2021 as compared to Rs.99.1250 crores during the 9 Months period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.42.2466 crores for the 9 Months period ended December 31, 2021 as against net profit / (loss) of Rs.28.5324 crores for the 9 Months period ended December 31, 2020.

The company has reported EPS of Rs.20.80 for the 9 Months period ended December 31, 2021 as compared to Rs.14.03 for the 9 Months period ended December 31, 2020.

Financials	9 Months Ended FY2022	9 Months Ended FY2021	% Change
Total Income	₹126.3569 crs	₹99.1250 crs	27.47%
Net Profit	₹42.2466 crs	₹28.5324 crs	48.07%
EPS	₹20.80	₹14.03	48.25%

Shares of United Drilling Tools Limited was last trading in BSE at Rs. 537.80 as compared to the previous close of Rs. 523.25. The total number of shares traded during the day was 7388 in over 633 trades.

The stock hit an intraday high of Rs. 548.00 and intraday low of 509.85. The net turnover during the day was Rs. 3947889.00.

Source : Equity Bulls

Keywords

UnitedDrillingTools Q3FY22 9MFY22 ResultUpdate