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Expect 40% rise in consolidated income in FY17: Jindal Drilling

Chairman DP Jindal tells CNBC-TV18 that the company expects to clock a consolidated income of Rs 600 crore in FY17 from its drilling and rigs businesses. The company had a consolidated income of Rs 430 crore in FY16.
Expect FY17 margins to be lower on new projects: Jindal Drilling

Speaking to CNBC-TV18, DP Jindal, Chairman of the company said that in Q3, the company reduced expenses which aided profit growth.
Jindal Drilling sees increase in rig demand due to oil rate

DP Jindal, Chairman of Jindal Drilling, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, said that reason for them buying a rig is because the rig demand has been going up for exploration and production along with the oil prices.

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Expect 40% rise in consolidated income in FY17: Jindal Drilling

Expect FY17 margins to be lower on new projects: Jindal Drilling

Jindal Drilling sees increase in rig demand due to oil rate