Dolphin Offshore Q2 FY27 consolidated revenue Rs 4,372.80 lakh; PAT Rs 1,876.15 lakh

What the numbers show

• Net margin was 42.91% of revenue, against 63.39% a year earlier.
• Total expenses rose 159.2% while revenue rose 77.6%.
• Cost of materials accounted for Rs 962.65 lakh of the Rs 1,541.05 lakh rise in total expenses (62%).
• Cost of materials took 24.0% of revenue, against 3.6% a year earlier.

• Basis & period: Consolidated statement of financial results, quarter ended 30-09-2026 vs 30-09-2025 (both unaudited), as per the statement of consolidated financial results.

• Revenue from operations: Rs 4,372.80 lakh (30-09-2026) vs Rs 2,462.11 lakh (30-09-2025).

• Other income: Rs 334.16 lakh vs Rs 404.31 lakh.

• Total income: Rs 4,706.96 lakh vs Rs 2,866.42 lakh.

• Cost of materials consumed / Other Operating Expenses: Rs 1,050.30 lakh vs Rs 87.65 lakh.

• Employee benefits expenses: Rs 29.12 lakh vs Rs 7.62 lakh.

• Finance cost: Rs 378.65 lakh vs Rs 329.75 lakh.

• Depreciation and amortization expenses: Rs 498.15 lakh vs Rs 376.80 lakh.

• Other expenses: Rs 553.10 lakh vs Rs 166.45 lakh.

• Total expenses: Rs 2,509.32 lakh vs Rs 968.27 lakh.

• Profit before tax: Rs 2,197.64 lakh vs Rs 1,898.15 lakh.

• Total tax expenses: Rs 321.49 lakh vs Rs 337.32 lakh.

• Net profit for the period: Rs 1,876.15 lakh vs Rs 1,560.83 lakh.

• Total comprehensive income for the period: Rs 2,134.00 lakh vs Rs 1,861.02 lakh.

• Paid-up equity share capital (FV of Rs.1/-): Rs 400.05 lakh vs Rs 400.05 lakh.

• Earnings per equity share – Basic: Rs 4.69 vs Rs 3.90.

• Earnings per equity share – Diluted: Rs 4.69 vs Rs 3.90.

For Q2 FY27 (quarter ended 30-09-2026), Dolphin Offshore Enterprises (India) Limited reported consolidated revenue from operations of Rs 4,372.80 lakh, higher than the Rs 2,462.11 lakh reported in the corresponding quarter ended 30-09-2025, according to the statement of consolidated financial results. Including other income of Rs 334.16 lakh (vs Rs 404.31 lakh a year earlier), total income stood at Rs 4,706.96 lakh compared with Rs 2,866.42 lakh in the year-ago quarter.

Total expenses rose to Rs 2,509.32 lakh from Rs 968.27 lakh. Within this, cost of materials consumed / other operating expenses increased to Rs 1,050.30 lakh from Rs 87.65 lakh, employee benefits expenses to Rs 29.12 lakh from Rs 7.62 lakh, finance cost to Rs 378.65 lakh from Rs 329.75 lakh, depreciation and amortization expenses to Rs 498.15 lakh from Rs 376.80 lakh, and other expenses to Rs 553.10 lakh from Rs 166.45 lakh.

Profit before tax for the quarter was Rs 2,197.64 lakh, compared with Rs 1,898.15 lakh in the corresponding previous quarter. Total tax expenses were Rs 321.49 lakh versus Rs 337.32 lakh a year earlier. Net profit for the period attributable to owners was Rs 1,876.15 lakh, up from Rs 1,560.83 lakh in the quarter ended 30-09-2025. Total comprehensive income for the period, including movement in the foreign currency translation reserve, was Rs 2,134.00 lakh against Rs 1,861.02 lakh in the year-ago quarter. Basic and diluted earnings per equity share (face value Rs 1 each) were Rs 4.69, compared with Rs 3.90 in the corresponding previous quarter.