Selan Exploration Technology Limited has informed the Exchange regarding 'Investor Presentation on Q1 FY'26'.

Selan reported Q1 FY'26 merged and restated financials, with total income at INR 53.56 Cr (down from INR 64.96 Cr in Q4 FY'25) and net profit at INR 11.22 Cr (down from INR 14.78 Cr). EBITDA, however, was healthy at INR 29.76 Cr with margins actually expanding to 56% from 52% in the previous quarter, helped by lower operating expenses despite a 10% drop in commodity price realizations. Production declined to 536 boepd from 654 boepd QoQ, mainly due to natural decline at Bakrol field wells that were offline. The company completed its merger with Antelopus Energy Private Limited and announced acquisition of the remaining 50% participating interest in the Cambay Block. Production has started from the KG Basin 'Dangeru' field, two new wells drilled at Karjisan will begin producing end-August, and the Duarmara well in Assam is about 50% drilled with production expected by end of Q2 FY'26.