Results - Announcements
Dolphin Offshore Enterprises (India) Ltd share price slipped 2.48% to Rs 607.0. The Company's net profit saw a strong growth of 26.67% to Rs 18.76 crore, while revenue from operations improved marginally 2.05% to Rs 43.73 crore in Q3FY26 over Q2FY26.
The market capitalization of Offshore Support Solution Drilling industry group stocks on BSE stood at Rs 3593.16 crore, jumping 23.61%. It has inched up 4.12% over last one week and heading higher by 14.25% in last one month while the market capitalization of Dolphin Offshore Enterprises (India) Ltd has improved by 9.80% and 54.06% in the same period respectively.
Profit before tax (PBT) of Dolphin Offshore Enterprises (India) Ltd stood at Rs 21.98 crore in Q3 FY26, rallying 15.81% year-on-year, and expanding by 33.29% quarter-on-quarter. EBITDA came in at Rs 24 crore, surging by 33.89% YoY and declining 4.83% sequentially.
Total expenses marginally dropped 4.99% to Rs 21.31 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 10.5 crore, inching up 1.65% YoY, while employee benefits expense was at Rs 0.29 crore, improving by 11.54% YoY.
For the TTM ended FY26, revenue from operations surged 57.28% to Rs 116.42 crore, while net profit soared by 47.46% to Rs 68.54 crore, compared to previous TTM. EBITDA jumped by 5722% to Rs 54.96 crore, and PBT soared 25.94% to Rs 59.91 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 45.34 crore in FY26, as against Rs 10.47 crore in FY25.
Dolphin Offshore Enterprises (India) Ltd rallied 61.87% in last one year, significantly outperforming the benchmark BSE Sensex which has declined by 11.78% during the same period.