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

Oil Drill/Allied, Small Cap

Net profit of Dolphin Offshore Enterprises (India) declined 14.72% to Rs 13.27 crore in the quarter ended December 2025 as against Rs 15.56 crore during the previous quarter ended December 2024. Sales rose 5.26% to Rs 30.00 crore in the quarter ended December 2025 as against Rs 28.50 crore during the previous quarter ended December 2024.

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Dolphin Offshore Enterprises (India) will hold a meeting of the Board of Directors of the Company on 29 January 2026.

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Dolphin Offshore Enterprises announced the sad demise Ashokkumar Ratilal Patel (DIN: 09451821), Independent Director of the Company who passed away on 13 December 2025.

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The company?s net sales jumped 47.2% year-on-year to Rs 24.62 crore in Q2 FY26 from Rs 16.73 crore in Q2 FY25. Sequentially, revenue was up 49.8% from Rs 16.44 crore in Q1 FY26.

The company reported a profit after tax (PAT) of Rs 15.61 crore for Q2 FY26, up 20.8% YoY from Rs 12.92 crore in Q2 FY25, and 37.8% higher sequentially from Rs 11.33 crore in Q1 FY26.

Profit before tax (PBT) surged 47.7% YoY to Rs 18.98 crore, compared with Rs 12.85 crore in Q2 FY25, and increased 75.6% sequentially from Rs 10.81 crore in Q1 FY26.

Total expenditure fell 35.3% YoY to Rs 2.62 crore, compared with Rs 4.05 crore in the year-ago period. Cost of material consumed fell 73.73% YoY to Rs 0.88 crore while employee expenses rose 14.29% YoY to Rs 0.08 crore in Q2 FY26.

Interest expenses spiked to Rs 3.3 crore from just Rs 0.05 crore a year ago, while depreciation rose sharply to Rs 3.77 crore from Rs 0.07 crore in Q2 FY25.

Net cash flow from operating activities stood at Rs 33.65 crore in H1 FY26, compared with a negative cash flow of Rs 2.38 crore in H1 FY25.

Dolphin Offshore Enterprises (India) is an offshore services company. It offers specialized underwater solutions including air, mixed gas, and saturation diving for offshore construction, maintenance, and repair.

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