Aakash Exploration Services Limited has informed the Exchange regarding Board meeting held on May 14, 2025.
AAKASH · price
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Awaiting price reaction for this filing.
Aakash Exploration Services announced its audited results for Q4 and FY25 on May 14, 2025. Full-year revenue from operations grew 6.5% to ₹98.19 crore (vs ₹92.23 crore in FY24), but profit after tax plunged about 70% to ₹1.84 crore from ₹6.21 crore. Q4 was particularly weak, with revenue of ₹25.77 crore (down ~17% YoY) and PAT of just ₹27.5 lakh versus ₹3.51 crore a year ago. Operating costs, especially employee costs and other expenses, rose faster than revenue, dragging profit margins down sharply (EBITDA margin compressed from roughly 19% to 12%). The statutory auditor issued an unmodified (clean) opinion, and the board re-appointed the internal auditor and appointed a new secretarial auditor for five years.
Sharp profit decline and margin compression are negatives for the stock, but a clean audit opinion and modest revenue growth limit the downside. Investors should watch whether margins recover in FY26.