A good thread. It got my interest.
Question- before the rigs can be redeployed, around 6 to 8 months are taken for refurbishment and new contract. Also a significant money is required for refurbishment.
Considering that only 5 rigs will operate for complete next year. (Jindal explorer is active in q1 however jindal pioneer will not be active in q4 fy25.
This will impact the PAT for next year by approx. 6 to 7 Cr per quarter.(Based on above calculation)
I will study further to understand unit economics.
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