What was Asian Energy Services' net profit in the December quarter?

Asian Energy Services' net profit in the December quarter more than doubled to ₹18 crore.

How much did Asian Energy Services' revenue increase in the December quarter?

Revenue for Asian Energy Services in the December quarter increased to ₹235 crore from ₹92 crore in the same period last year.

When is the merger of Asian Energy Services and Oilmax Energy expected to be completed?

The merger of Asian Energy Services and Oilmax Energy is expected to be completed in Q3FY27, pending stock exchange approval.

Home / Business and Economy / Asian Energy Profits Soar Past 100% in Q4

Asian Energy Profits Soar Past 100% in Q4

14 Feb

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Summary

Net profit more than doubled to ₹18 crore in the December quarter.
Revenue surged to ₹235 crore from ₹92 crore in the same period.
Merger with Oilmax Energy awaits stock exchange approval, expected by Q3FY27.

Asian Energy Profits Soar Past 100% in Q4

Asian Energy Services has announced a remarkable financial performance for the December quarter, with net profit more than doubling to ₹18 crore, up from ₹8 crore in the prior year. This substantial increase was primarily attributed to robust project execution and enhanced operational efficiencies across its key projects.

Revenue experienced a significant jump, reaching ₹235 crore compared to ₹92 crore in the corresponding period last year. This growth was fueled by strong performance in core services, increased contributions from long-term operations and maintenance contracts, and sustained momentum in the mining and infrastructure sectors.