Dolphin Offshore Enterprises Reports Quarterly Results for Q ended June 30, 2026
Dolphin Offshore Enterprises (India) Limited released its unaudited financial results for the quarter ending June 30, 2026, detailing performance across both standalone and consolidated operations. The company operates exclusively in the Oil & Gas Offshore Support Services segment.The financial statements were reviewed by the Audit Committee and subsequently approved by the Board of Directors on July 24, 2026.
Standalone Financial Performance
The results for Dolphin Offshore Enterprise (India) Limited show specific performance metrics for the quarter ended June 30, 2026. The company recognized an Expected Credit Loss (ECL) provision of Rs. 502.18 lakhs based on management's evaluation of trade receivables.Key financial figures for the standalone entity are presented in the table below:
| Particular | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 1,099.71 | 111.46 |
| Cost of Materials Consumed/Other Operating Expenses | 17.97 | 1.50 |
| Profit before Tax | 77.00 | 13.00 |
| Profit After Tax | (Data not provided) | (Data not provided) |
Consolidated Financial Results
The consolidated results for the Group, comprising Dolphin Offshore Enterprise (India) Limited and three subsidiaries, show a total income of Rs. 4,288.02 lakhs for the quarter ended June 30, 2026. The company recognized an Expected Credit Loss (ECL) provision totaling Rs. 1,110.49 lakhs.The consolidated financial statements are as follows:
| Particulars | Quarter Ended 6/30/2026 (Unaudited) | Quarter Ended 3/31/2026 (Audited) | Quarter Ended 6/30/2025 (Unaudited) | Year Ended 3/31/2026 (Audited) |
|---|---|---|---|---|
| Income from Revenue / Revenue from Operations | 4,284.65 | 4,535.57 | 1,644.30 | 11,642.04 |
| Other Income | 3.37 | 1,167.10 | 0.31 | 1,742.03 |
| Total Income | 4,288.02 | 5,702.67 | 1,644.61 | 13,384.07 |
| Cost of Materials Consumed/Other Operating Expenses | 1,033.47 | 1,653.96 | 1.50 | 2,297.43 |
| Employee Benefits Expenses | 25.75 | 53.58 | 7.64 | 76.56 |
| Finance Cost | 396.17 | 486.69 | 247.16 | 1,423.74 |
| Depreciation and Amortization Expenses | 488.89 | 494.42 | 234.11 | 1,564.72 |
| Other Expenses | 694.73 | 1,599.38 | 73.30 | 2,030.51 |
| Total Expenses | 2,639.01 | 4,288.03 | 563.71 | 7,392.96 |
| Profit before Tax | 1,649.01 | 1,414.64 | 1,080.90 | 5,991.11 |
| Total Tax Expense | 167.60 | (1,418.05) | (52.36) | (862.68) |
| Profit After Tax | 1,481.41 | 2,832.69 | 1,133.26 | 6,853.79 |
The group's total comprehensive income attributable to owners for the period stood at 8,102.32 lakhs.
Operational and Entity Notes
The company operates exclusively in the Oil & Gas Offshore Support Services segment. The Group includes three subsidiaries: Dolphin Offshore Enterprise (Mauritius) Private Limited, Beluga International DMCC, and Beluga International (IFSC) Private Limited.Regarding operations, the parent company noted that while it holds 100% of the shares in Beluga International (IFSC) Private Limited, expenses of incorporation are recorded as receivable, and the subsidiary has not yet infused capital or commenced operations as at June 30, 2026.
DOLPHIN Stock Price Movement
Shares of Dolphin Offshore Enterprises (India) Limited today slipped by 1.41% to settle at ₹374.75. The stock traded against significant selling pressure, touching a low of ₹373.7 during the day and logging a volume of 3,798 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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