ALPHA TRIBE

Alphageo (India) LimitedResults, 11-02-2025: Integrated Filing- Financial

11-02-2025 | 02:12 pm

Alphageo (India) Limited has reported its financial results for the quarter and nine months ended December 31, 2024. Revenue from operations stood at ₹1115.80 crore for the quarter, a decrease from ₹2315.45 crore in the previous year. Total income also fell to ₹1146.31 crore compared to ₹2741.99 crore a year prior. The company faced a loss of ₹779.35 crore from continuing operations, widening from a profit of ₹440.63 crore in the same quarter last year.

This decline reflects increased geophysical survey costs and a significant drop in revenue. While the results depict continued operational challenges, investors should assess the potential recovery path amid these losses, which may brew a cautious sentiment in the stock. The company’s strategic positioning and ongoing legal matters concerning seized assets could further influence investor perspectives on risk and recovery potential.

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