United Drilling Tools Reports Outstanding Financial Results for Q1 FY25
United Drilling Tools, a microcap engineering company, has recently announced its financial results for the quarter ending March 2024. The stock call by MarketsMOJO for United Drilling is ‘Hold’.
According to the financial report, United Drilling has shown outstanding performance in the quarter of June 2024. The company’s score has improved from 15 to 31 in the last three months.
The key factors contributing to this growth are the increase in Profit Before Tax less Other Income (PBT) and Profit After Tax (PAT). PBT has grown by 168.6% to Rs 5.99 crore compared to the average PBT of the previous four quarters, which was Rs 2.23 crore. Similarly, PAT has grown by 84.9% to Rs 4.34 crore compared to the average PAT of the previous four quarters, which was Rs 2.35 crore.
The company’s net sales have also shown a positive trend, with the highest sales of Rs 54.42 crore in the last five quarters. This is a growth of 73.2% compared to the average net sales of the previous four quarters, which was Rs 31.42 crore.
United Drilling has also shown a positive trend in its operating profit (PBDIT) and earnings per share (EPS). The company’s PBDIT for the quarter was the highest at Rs 7.87 crore, and the EPS was the highest at Rs 2.14 in the last five quarters.
Overall, United Drilling has shown a strong financial performance in the quarter ending March 2024, with increasing profitability and creating higher earnings for its shareholders. With a ‘Hold’ stock call by MarketsMOJO, the company is expected to continue its positive trend in the near future.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
