Alphageo (India) Limited — Important, 11-02-2025: Financial Result Updates

**Consolidated Financial Results Summary**

For the quarter ended December 31, 2024, Alphageo (India) Limited reported total revenue of ₹11.69 crore, a decline of 73.3% compared to ₹43.73 crore for the same period last year. The significant drop in revenue is attributed to decreased demand for geophysical survey services and possible market contraction.

The company incurred a loss of ₹79.65 crore for the quarter, a substantial drop from a profit of ₹45.56 crore a year ago. The net loss for the nine months was ₹22.73 crore, while last year’s equivalent period reflected a profit of ₹10.46 crore. This deterioration in profitability was primarily due to elevated operational costs, particularly in geophysical survey and related expenses, which surged to ₹131.42 crore compared to ₹29.23 crore in the previous year.

Operational costs rose to ₹21.70 crore, marking a 10.5% increase year-over-year. The increase in costs suggests challenges in cost management and efficiency, affecting overall profitability.

In terms of earnings per share (EPS), the loss per share for continuing operations has widened to ₹12.34 compared to a profit of ₹6.22 in the prior year.

Overall, the outlook for the company appears challenging, with a strong focus required in areas of cost management and enhancing revenue streams. Investor sentiment may remain cautious given these results. Considering the current financial performance and rising costs, a hold position may be advisable as the company navigates these challenges.