Aakash Exploration Services Limited — Board Meeting, 14-05-2025: Outcome of Board Meeting
14-05-2025 | 04:48 pm
14-05-2025 | 04:48 pm
Aakash Exploration Services has announced a board meeting approving the audited financial results for the quarter and year ended March 31, 2025. Revenue increased to ₹98.18 Cr from ₹92.23 Cr, but profit before tax declined sharply to ₹2.56 Cr from ₹8.38 Cr, with net profit down to ₹1.84 Cr from ₹6.21 Cr. Higher expenses and depreciation weighed on margins. The company reappointed Bimal Shah Associates as Internal Auditor and onboarded Suthar & Surti as Secretarial Auditor for five years from FY25-26. Equity remains strong at ₹60.36 Cr, supporting ongoing asset investment.
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