Mumbai: Asian Energy Services Limited specialising in servicing the energy and mining sector, has announced unaudited financial results for the quarter ended 30th June 2025.
- The company reported a 92% year-on-year increase in revenue from operations, reaching Rs 115.4 crores in Q1FY26, up from Rs 60.2 crores in Q1FY25
- EBITDA grew 72% year-on-year to Rs 12.1 crores in Q1FY26, compared to Rs 7.0 crores in Q1FY25
- Profit after tax surged 173% year-on-year to Rs 5.6 crores in Q1FY26, up from Rs 2.1 crores in Q1FY25
Key Business Highlights:
- The company secured ~ Rs 772 crores* contract for integrated service contract from Vedanta Limited and will be executed over a span of 57 months
- The company secured ~Rs 46 crore* Seismic Data Acquisition & Processing contract from Sun Petrochemicals in Gujarat, to be executed over a span of 12 months
- The total order book stands at ~ Rs 1,688 crore* led by O&M at 75.2%, Infrastructure/CHP at 19.3%, and Seismic at 5.5%
- The company is in the process of completing acquisition of Kuiper Group, broadening service offerings and expanding the Company’s international market reach
