ALPHA TRIBE

Asian Petroproducts & Exports LtdBoard Meeting, 13-08-2025: Board Meeting

13-08-2025 | 03:08 pm

Asian Petroproducts' board has approved the financial results for the first quarter. The company reported a profit of 0.14 Cr for the quarter, a significant turnaround from a loss of 0.26 Cr in the same period last year. Total income surged to 5.08 Cr, compared to a negligible income previously. The statutory auditor highlighted that GST and TDS compliance is subject to reconciliation and adjustment. This operational update signals a positive shift in profitability for shareholders, though the compliance matter is a point to note.

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