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United Drilling Tools bags Rs 3-crore order from Vedanta

22-Apr-26 12:22 Hrs IST

The order is scheduled to be executed within four months. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the deal does not fall under related-party transactions.

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company has reported a 106.4% surge in consolidated net profit to Rs 5.47 crore on a 49.1% increase in revenue from operations to Rs 50.53 crore in Q3 FY26 as compared with Q3 FY25. The counter shed 0.35% to Rs 215 on the BSE.

Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals company with significant operations in oil & gas, zinc, lead, silver, copper, iron ore, steel, and aluminium & power across India, South Africa and Namibia. On a consolidated basis, Vedanta's net profit surged 60.98% to Rs 5,710 crore while revenue from operations jumped 36.95% YoY to Rs 23,369 crore in Q3 December 2025. Shares of Vedanta slipped 0.92% to Rs 760 on the BSE.

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