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South West Pinnacle Exploration LimitedImportant, 22-05-2025: Updates

22-05-2025 | 06:20 pm

South West Pinnacle Exploration Ltd has announced a board meeting to review the financial results for the quarter and half-year. Q4 income rose 64% YoY to INR 74.68 Cr, with EBITDA doubling to INR 17.17 Cr and a 23% margin. PAT jumped nearly 3.5x to INR 12.89 Cr. The company secured major contracts, including a CBM production order from Reliance (~INR 150 Cr), aquifer mapping projects (~INR 100 Cr), and an oil & gas exploration deal (~INR 60 Cr) from Oil India. Its JV in Oman won a significant exploration block covering 1452 sq.km.

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