Outcome for Board Meeting

Prabha Energy Limited reported a turnaround with standalone revenue of Rs.447.12 lakhs, up 183% from Rs.157.75 lakhs in the previous year. The company posted a standalone PAT of Rs.47.32 lakhs compared to a loss of Rs.156.48 lakhs YoY. Consolidated PAT stood at Rs.61.04 lakhs. The audit opinion is unmodified, indicating a clean bill of health. Key observations: (1) The company sold its 70% stake in Deep Natural Resources Limited, deconsolidating it from November 2025, making YoY comparisons non-comparable; (2) An Emphasis of Matter was raised on NK block accounting treatment where well expenditure is being capitalised during initial production phase and sales recognised as revenue under Ind AS 106; (3) Borrowings increased significantly to Rs.15.53 billion from Rs.11.84 billion; (4) Consolidated operating cash flow was negative at -Rs.265.77 lakhs.