United Drilling Tools Secures ₹73.35 Lakh International Order For Casing Pipe Supply
Mumbai: United Drilling Tools Ltd (UDT) on Tuesday announced it has secured an international order worth Rs73,35,250 from Argentera Engenharia e Serviços de Petróleo e Gas Ltda. The order is for the supply of Casing Piipe With UDT Connectors. Order Details The contract involves the supply of Casing Piipe With UDT Connectors. This marks an international engagement for the company, as confirmed in…
United Drilling Tools Ltd secured a significant international order for the supply of Casing Pipe With UDT Connectors from Argentera Engenharia e Serviços de Petróleo e Gas Ltda. The contract value is Rs73,35,250. This marks the company's first international engagement, as confirmed in its exchange filing. United Drilling Tools anticipates completing the order within three months from the announcement date, aligning with its operational capabilities.
The company clarified that the order does not involve related party transactions, as neither the promoter nor the promoter group has any interest in Argentera. Additionally, the company reported a 39% revenue growth to ₹43.3 Crore and a 24% increase in net profit for Q4. This story is based on company exchange filings and for informational purposes only.
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