Outcome of Board Meeting dated July 30, 2025
AAKASH · price
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The Board of Directors of Aakash Exploration Services Limited approved the unaudited standalone financial results for the quarter ended June 30, 2025. Revenue from operations stood at Rs. 2,385.53 lakhs, down from Rs. 2,600.62 lakhs in the same quarter last year, a decline of about 8.3%. Total revenue (including other income) was Rs. 2,414.94 lakhs versus Rs. 2,653.83 lakhs year-on-year. Profit before tax fell sharply to Rs. 71.68 lakhs from Rs. 162.05 lakhs, and profit after tax dropped to Rs. 53.77 lakhs from Rs. 119.61 lakhs, a decline of roughly 55%. Basic EPS for the quarter came in at Rs. 0.05 versus Rs. 0.12 in Q1 FY25. The statutory auditor, M/s. Parikh Shah & Associates, issued an unqualified limited review report with no qualifications or emphasis of matter.
The results show a clear year-on-year slowdown in both revenue and profitability, with margins compressing significantly despite a slight dip in total expenses. For shareholders, this indicates weaker operating performance in the seasonally important first quarter and may put pressure on the stock in the short term, though the company remains profitable.