Asian Energy Services Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Re. 1 per equity share.
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The Board of Asian Energy Services Limited met on May 16, 2025 and approved audited financial results for Q4 and FY25 along with a final dividend of Rs. 1 per equity share (face value Rs. 10), translating to 10% on face value, subject to shareholder approval. On a standalone basis, FY25 revenue rose to Rs. 464.08 crore from Rs. 305.06 crore in FY24, while net profit grew to Rs. 41.04 crore from Rs. 28.70 crore. Consolidated FY25 PAT came in at Rs. 42.16 crore versus Rs. 25.55 crore last year, aided by a Rs. 6.19 crore share of profit from joint ventures. The Board also approved the AESL ESOP 2025 plan, recommended new statutory auditors (SGCO & Co. LLP) for a five-year term replacing Walker Chandiok & Co., and made several senior management re-designations.
Shareholders stand to receive a Rs. 1 per share final dividend pending AGM approval, while strong revenue and profit growth reflect operational momentum. The auditor change and ESOP introduction are routine governance items and unlikely to materially affect the stock in the short term.