Asian Energy Services' Q1 FY 2025-26 Quarterly Results

Result Summary

• Asian Energy Services Ltd reported a 1.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 90.9%.
• Its expenses for the quarter were up by 11.2% QoQ and 85.8% YoY.
• The net profit decreased 61.6% QoQ and increased 172.0% YoY.
• The earnings per share (EPS) of Asian Energy Services Ltd stood at 1.2 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asian Energy Services Ltd is a company primarily engaged in providing services related to the energy sector. While specific details about the company's main products or services, industry positioning, or any recent major developments are not provided in the available data, companies in this sector typically offer services such as seismic data acquisition, oil and gas exploration, and related support services. If more detailed information about the company's recent activities, strategic initiatives, or market positioning were available, it would provide a clearer picture of its operational context.

Revenue

In the first quarter of Fiscal Year 2026 (Q1FY26), Asian Energy Services Ltd reported a total income of ₹117.36 crores. This represents a decrease of 1.8% quarter-over-quarter (QoQ) from the previous quarter (Q4FY25), where the company earned ₹119.55 crores. However, when compared year-over-year (YoY) to the first quarter of the previous fiscal year (Q1FY25), there was a significant increase of 90.9% from ₹61.49 crores. This substantial YoY growth highlights a notable expansion in revenue over the past year.

Profitability

The company's profitability in Q1FY26 showed a mixed performance. Profit Before Tax (PBT) was ₹7.25 crores, which marked a decrease of 61.6% QoQ from ₹18.90 crores in Q4FY25. Despite this QoQ decline, PBT showed a remarkable YoY increase of 225.1% from ₹2.23 crores in Q1FY25. Tax expenses for Q1FY26 were ₹2.22 crores, down 51.3% QoQ from ₹4.56 crores in Q4FY25 and up 133.7% YoY from ₹0.95 crores in Q1FY25. Profit After Tax (PAT) for Q1FY26 was ₹5.63 crores, which decreased by 61.6% QoQ from ₹14.67 crores but increased by 172.0% YoY from ₹2.07 crores. Earnings Per Share (EPS) for the quarter was ₹1.20, down 64.7% QoQ from ₹3.40 and up 140.0% YoY from ₹0.50.

Operating Metrics

Total expenses for Q1FY26 were reported at ₹110.10 crores, reflecting an increase of 11.2% QoQ from ₹98.99 crores in Q4FY25. Compared to Q1FY25, total expenses increased by 85.8% from ₹59.27 crores. This rise in expenses indicates a notable increase in operational activities or costs over the year. The company's ability to manage these expenses while growing its total income YoY is reflected in the significant improvement in profitability metrics compared to the same period last year, although there was a decrease in profitability from the previous quarter.