Aban Offshore Ltd's Q4FY25 Quarter Results
- 29 May 2025
Result Summary
- Aban Offshore Ltd reported a 22.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a growth of 57.9%.
- Its expenses for the quarter were up by 22.5% QoQ and 3.0% YoY.
- The net profit increased 23.0% QoQ and decreased 10.6% YoY.
- The earnings per share (EPS) of Aban Offshore Ltd declined at 58.3 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 147.46 | 120.36 | 93.38 | 22.5% | 57.9% |
Total Expenses | 477.87 | 390.17 | 463.87 | 22.5% | 3.0% |
Profit Before Tax | -330.41 | -269.80 | -370.48 | 22.5% | -10.8% |
Tax | 8.43 | 6.70 | 7.98 | 25.8% | 5.6% |
Profit After Tax | -340.14 | -276.55 | -380.59 | 23.0% | -10.6% |
Earnings Per Share | -58.30 | -47.40 | -0.70 | 23.0% | 8228.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aban Offshore Ltd is a company primarily engaged in the offshore drilling industry. It provides services related to oil and gas exploration and production activities. These services are critical for the extraction of hydrocarbons beneath the earth’s surface, particularly in offshore environments. Aban Offshore Ltd operates a fleet of drilling rigs and is involved in various contracts with oil companies to execute drilling operations. Information on recent major developments or strategic changes within the company is not available in the provided data.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), Aban Offshore Ltd reported a total income of ₹147.46 crores. This represents a quarter-over-quarter (QoQ) increase of 22.5% from the previous quarter, Q3FY25, where the total income was ₹120.36 crores. Year-over-year (YoY), the total income displayed a significant increase of 57.9% compared to Q4FY24, where it was ₹93.38 crores. This data indicates a trend of increasing revenues over the observed periods.
Profitability
For Q4FY25, the company reported a profit before tax of -₹330.41 crores, which improved by 22.5% QoQ from -₹269.80 crores in Q3FY25. Compared to the same quarter in the previous fiscal year, Q4FY24, where the profit before tax was -₹370.48 crores, there was a YoY improvement of 10.8%. The profit after tax for Q4FY25 was -₹340.14 crores, reflecting a 23.0% QoQ improvement from -₹276.55 crores in Q3FY25 and a 10.6% improvement YoY from -₹380.59 crores in Q4FY24. Earnings per share were -₹58.30 in Q4FY25, compared to -₹47.40 in Q3FY25 and -₹0.70 in Q4FY24, showing a considerable YoY change.
Operating Metrics
In the context of total expenses, the company incurred ₹477.87 crores in Q4FY25, representing a 22.5% increase QoQ from ₹390.17 crores in Q3FY25. On a YoY basis, total expenses increased by 3.0% from ₹463.87 crores in Q4FY24. The tax expenses for Q4FY25 were ₹8.43 crores, which showed a 25.8% increase QoQ from ₹6.70 crores in Q3FY25 and a 5.6% increase YoY from ₹7.98 crores in Q4FY24. The data reveals an upward trend in operating expenses and tax obligations over the analyzed periods.