United Drilling Tools Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 224.19 million compared to INR 405.96 million a year ago. Revenue was INR 223.66 million compared to INR 400.22 million a year ago.

Net income was INR 28.54 million compared to INR 71.71 million a year ago. Basic earnings per share from continuing operations was INR 1.38 compared to INR 3.54 a year ago. Diluted earnings per share from continuing operations was INR 1.38 compared to INR 3.54 a year ago.