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Prabha Energy LimitedBoard Meeting, 12-08-2025: Outcome of Board Meeting

12-08-2025 | 02:07 pm

Prabha Energy has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of Rs. 1.13 Cr and a net loss of Rs. 0.22 Cr for the quarter. These results reflect the impact of the reverse merger with Deep Energy Resource and Savla Oil and Gas, approved earlier by NCLT. A key operational update is that sales generated from wells under testing in the NK block are being recognized as revenue, with associated expenditures capitalized until reserves are established.

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