Asian Energy Services' Q2 FY 2025-26 Quarterly Results

Result Summary

• Asian Energy Services Ltd reported a 12.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 4.7%.
• Its expenses for the quarter were down by 8.9% QoQ and up 15.0% YoY.
• The net profit decreased 170.5% QoQ and decreased 142.7% YoY.
• The earnings per share (EPS) of Asian Energy Services Ltd declined at 0.87 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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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 to the energy sector. The company operates within the broader energy industry, focusing on offering integrated project management services, including seismic data acquisition, processing, and interpretation, as well as drilling and oilfield services. Asian Energy Services Ltd aims to deliver comprehensive solutions tailored to the needs of the oil and natural gas sectors. While specific recent major developments about the company are not available, the energy sector has generally been influenced by fluctuating oil prices and shifts towards sustainable energy practices.

Revenue

In Q2FY26, Asian Energy Services Ltd reported a total income of ₹103.23 crores. This represents a decrease of 12.0% from the previous quarter (Q1FY26), where the total income was ₹117.36 crores. When compared year-over-year, there was an increase of 4.7% from Q2FY25, where the total income was ₹98.57 crores. The revenue trends indicate variations in income generation over the quarters and on an annual basis.

Profitability

For Q2FY26, the company recorded a Profit Before Tax (PBT) of ₹-3.62 crores, which is a significant decline from the PBT of ₹7.25 crores in Q1FY26, representing a quarter-over-quarter decrease of 149.9%. Year-over-year, this also marks a decrease from a PBT of ₹11.33 crores in Q2FY25, amounting to a decline of 132.0%. The Profit After Tax (PAT) for Q2FY26 was ₹-3.97 crores, down from ₹5.63 crores in the previous quarter and ₹9.30 crores in the same quarter of the previous year, reflecting decreases of 170.5% and 142.7%, respectively. Earnings Per Share (EPS) showed similar trends with a decline to ₹-0.87 in Q2FY26 from ₹1.23 in Q1FY26 and ₹2.19 in Q2FY25, indicating changes of -170.7% QoQ and -139.7% YoY.

Operating Metrics

In Q2FY26, total expenses amounted to ₹100.30 crores, which is an 8.9% decrease from the previous quarter’s expenses of ₹110.10 crores. Compared to Q2FY25, where expenses were ₹87.24 crores, there was a year-over-year increase of 15.0%. The tax expense for Q2FY26 was ₹1.30 crores, which is a reduction of 41.4% from the prior quarter and 63.0% from the same quarter last year. These metrics reflect the company's operational cost changes and tax liabilities over the observed periods.