Mumbai, April 22 -- The order is scheduled to be executed within four months. The company clarified that neither its promoters nor promoter group entities have any interest in the awarding entity, and the deal does not fall under related-party transactions.

United Drilling Tools is a leading manufacturer of oil drilling-related equipment in India and has obtained global quality certifications for its major products. The company has reported a 106.4% surge in consolidated net profit to Rs 5.47 crore on a 49.1% increase in revenue from operations to Rs 50.53 crore in Q3 FY26 as compared with Q3 FY25. The counter shed 0.35% to Rs 215 on the BSE.

Vedanta, a subsidiary of Vedanta Resources, is one of the world's leading oil & gas and metals ...