Dolphin Offshore Enterprises (India)'s Q3 FY 2025-26 Quarterly Results
- 30 Jan 2026
Result Summary
- Dolphin Offshore Enterprises (India) Ltd reported a 10.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 7.0%.
- Its expenses for the quarter were up by 62.2% QoQ and 19.7% YoY.
- The net profit decreased 15.0% QoQ and decreased 14.7% YoY.
- The earnings per share (EPS) of Dolphin Offshore Enterprises (India) Ltd stood at 3.32 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 31.70 | 28.66 | 29.62 | 10.6% | 7.0% |
Total Expenses | 15.72 | 9.69 | 13.13 | 62.2% | 19.7% |
Profit Before Tax | 15.97 | 18.98 | 16.49 | -15.9% | -3.2% |
Tax | 2.70 | 3.37 | 0.93 | -19.9% | 190.3% |
Profit After Tax | 13.27 | 15.61 | 15.56 | -15.0% | -14.7% |
Earnings Per Share | 3.32 | 3.90 | 3.89 | -14.9% | -14.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Dolphin Offshore Enterprises (India) Ltd is a prominent player in the offshore oil and gas services industry. The company specializes in providing a comprehensive range of services including underwater diving services, marine construction, and engineering solutions tailored towards the oil and gas sector. With a reputation for expertise in subsea engineering and maritime construction, Dolphin Offshore has established itself as a key service provider within the energy sector in India. As of the latest updates, there are no significant developments or changes in the company's strategic direction reported.
Revenue
During the third quarter of the fiscal year 2026 (Q3FY26), Dolphin Offshore Enterprises (India) Ltd reported a total income of ₹31.70 crores. This marks an increase of 10.6% compared to the previous quarter, Q2FY26, where the total income was ₹28.66 crores. On a year-over-year basis, the total income saw a 7.0% increase from Q3FY25, when the company recorded ₹29.62 crores. The growth in total income suggests an upward trajectory in the company's revenue generation over both quarterly and annual periods, reflecting a strong revenue performance in the current fiscal period.
Profitability
In Q3FY26, the company faced a decrease in profitability, with Profit Before Tax (PBT) recorded at ₹15.97 crores, representing a decline of 15.9% from the previous quarter's figure of ₹18.98 crores. When compared to the same period last year, the PBT decreased by 3.2% from ₹16.49 crores in Q3FY25. The tax expenses for Q3FY26 stood at ₹2.70 crores, a reduction of 19.9% from the previous quarter but an increase of 190.3% year-over-year. Consequently, the Profit After Tax (PAT) for Q3FY26 was ₹13.27 crores, decreasing by 15.0% from Q2FY26 and 14.7% from Q3FY25. This decline in profitability metrics indicates a challenging quarter for the company's bottom line.
Operating Metrics
The earnings per share (EPS) for Dolphin Offshore Enterprises in Q3FY26 was reported at ₹3.32, showing a decrease of 14.9% from the previous quarter's EPS of ₹3.90. Similarly, compared to the same quarter in the previous year, there was a decrease of 14.7% from an EPS of ₹3.89. Total expenses for the quarter rose significantly to ₹15.72 crores, a 62.2% increase from Q2FY26 and a 19.7% increase from Q3FY25. The sharp rise in expenses suggests an increase in operational costs or other financial outflows during the quarter. These operating metrics provide insight into the company's cost management and shareholder returns during the period.