Dolphin Offshore Enterprises (India) Ltd Share Price – NSE  / BSE

Oil Drill/Allied, Small Cap

Dolphin Offshore Enterprises (India) announced that the Board of Directors of the Company at its meeting held on 29 May 2025, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 50%) , subject to the approval of the shareholders.

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Net profit of Dolphin Offshore Enterprises (India) rose 615.75% to Rs 10.45 crore in the quarter ended March 2025 as against Rs 1.46 crore during the previous quarter ended March 2024. Sales rose 948.21% to Rs 20.44 crore in the quarter ended March 2025 as against Rs 1.95 crore during the previous quarter ended March 2024.

For the full year,net profit rose 734.47% to Rs 46.48 crore in the year ended March 2025 as against Rs 5.57 crore during the previous year ended March 2024. Sales rose 1044.05% to Rs 74.02 crore in the year ended March 2025 as against Rs 6.47 crore during the previous year ended March 2024.

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Dolphin Offshore Enterprises (India) will hold a meeting of the Board of Directors of the Company on 28 April 2025.

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The agreement involves leasing the Prabha?DP2 Accommodation Barge (formerly ?Vikrant Dolphin?) for three years, valued at approximately $32.85 million (Rs 281 crore). There are no special rights, related party transactions, or shareholdings involved.

Dolphin Offshore Enterprises (India) is engaged in the business of offering comprehensive underwater services, including air, mixed gas, and saturation diving services, to the Indian offshore oil & gas industry.

The company reported a consolidated net profit of Rs 15.56 crore in Q3 FY25, steeply higher than Rs 0.45 crore recorded in Q3 FY24. Net sales zoomed to Rs 28.50 crore in Q3 FY25 from Rs 1.78 crore reported in Q3 FY24.

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