Arabian Petroleum Limited — Board Meeting, 28-05-2025: Outcome of Board Meeting
28-05-2025 | 10:43 pm
28-05-2025 | 10:43 pm
Arabian Petroleum Limited has announced a board meeting to approve the financial results for the quarter and half-year, reporting consolidated revenue at ₹285.25 Cr, up from ₹261.85 Cr year-on-year. Profit before tax rose to ₹12.16 Cr, while net profit increased to ₹9.08 Cr, signaling solid earnings growth. The board appointed Vijay S. Tiwari & Associates as Secretarial Auditor, Joshi Apte & Associates as Cost Accountant, and Akshay Parikh & Associates as Internal Auditor for FY 2025-26. The balance sheet shows stable borrowings and a stronger cash position.
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