Aban Offshore Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2025.

Aban Offshore reported its Q1 FY26 results with standalone total income falling sharply to INR 281.73 million from INR 458.34 million a year ago (a drop of about 39%), though standalone net profit was INR 40.19 million versus INR 57.36 million last year. On a consolidated basis, the company swung to a wider net loss of INR 2,528.12 million compared with a loss of INR 2,376.65 million in Q1 FY25, with consolidated net worth deeply negative at around minus INR 25,402 million. The statutory auditor issued a qualified opinion on the standalone results because bank balance confirmations for INR 88.47 million of bank balances and INR 4,005.95 million of term loans from two banks were not received, and flagged a material uncertainty about the company's ability to continue as a going concern due to defaults in loan repayments, interest, dividends and preference share redemptions. On consolidated accounts, the auditor issued a disclaimer of conclusion as the foreign subsidiary Aban Holdings Pte Ltd (Singapore) reported a net loss of US$330.9 million with net liabilities of US$2,892 million and bank confirmations for US$1,761 million of borrowings were also missing.