The said overseas order comprises the supply of Survey Line Winch and Integral Blade Stabilizers, which are critical tools in advanced drilling operations. The delivery of these high-products is scheduled to be completed over a period of six months, aligning with UDTL's commitment to meeting client requirements with efficiency and excellence. This order highlights UDTL's expertise and firm focus on delivering superior products that cater to the evolving needs of the global drilling industry and also marks the beginning of a long-term strategy to expand further into the international market, it added. The company worked closely with local distributors and partners to ensure that their products aligned with Taiwan's regulatory standards and consumer preferences. Manoj Kumar Arora, chief financial officer (CFO), UDTL, 'This success is the result of our team's dedication, the thorough market analysis we conducted, and our ability to adapt our offerings to meet local demands. Taiwan is an important market for us, and we are eager to continue growing our footprint in Asia.' Magitech International is a renowned service provider specializing in vertical and horizontal drilling industries, catering to sectors such as oilfield, geothermal, deep water wells, HDD, pipe jacking, micro tunneling, tunneling, and underground pipeline projects across Taiwan, Thailand, and China. United Drilling Tools is a leading manufacturer of oil drilling-related equipment in the country. The company has obtained global quality standards for its major products. The company's consolidated net profit rallied 79.2% to Rs 4.14 crore on 55.6% increase in net sales to Rs 48.85 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Net profit of United Drilling Tools rose 79.22% to Rs 4.14 crore in the quarter ended September 2024 as against Rs 2.31 crore during the previous quarter ended September 2023. Sales rose 55.62% to Rs 48.85 crore in the quarter ended September 2024 as against Rs 31.39 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales48.8531.39 56 OPM %15.5015.42 - PBDT7.354.85 52 PBT6.203.58 73 NP4.142.31 79 Powered by Capital Market - Live

United Drilling Tools will hold a meeting of the Board of Directors of the Company on 12 November 2024Powered by Capital Market - Live

United Drilling Tools announced that the 42th Annual General Meeting (AGM) of the company will be held on 25 September 2024.Powered by Capital Market - Live

United Drilling Tools announced that the Board of Directors of the Company at its meeting held on 13 August 2024, inter alia, have recommended the first interim dividend of Rs 0.6 per equity Share (i.e. 6%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of United Drilling Tools rose 183.66% to Rs 4.34 crore in the quarter ended June 2024 as against Rs 1.53 crore during the previous quarter ended June 2023. Sales rose 209.38% to Rs 54.42 crore in the quarter ended June 2024 as against Rs 17.59 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales54.4217.59 209 OPM %14.4820.98 - PBDT7.513.38 122 PBT6.222.16 188 NP4.341.53 184 Powered by Capital Market - Live

Net profit of United Drilling Tools rose 191.22% to Rs 4.31 crore in the quarter ended June 2024 as against Rs 1.48 crore during the previous quarter ended June 2023. Sales rose 160.44% to Rs 54.38 crore in the quarter ended June 2024 as against Rs 20.88 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales54.3820.88 160 OPM %13.6614.94 - PBDT7.223.04 138 PBT6.162.08 196 NP4.311.48 191 Powered by Capital Market - Live

United Drilling Tools will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live