Net profit of Asian Energy Services reported to Rs 14.57 crore in the quarter ended March 2024 as against net loss of Rs 6.55 crore during the previous quarter ended March 2023. Sales rose 313.84% to Rs 118.73 crore in the quarter ended March 2024 as against Rs 28.69 crore during the previous quarter ended March 2023.For the full year,net profit reported to Rs 25.47 crore in the year ended March 2024 as against net loss of Rs 44.36 crore during the previous year ended March 2023. Sales rose 177.45% to Rs 305.06 crore in the year ended March 2024 as against Rs 109.95 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales118.7328.69 314 305.06109.95 177 OPM %20.70-11.33 -13.71-17.07 - PBDT25.23-2.08 LP 47.55-16.52 LP PBT20.90-6.70 LP 30.53-38.49 LP NP14.57-6.55 LP 25.47-44.36 LP Powered by Capital Market - Live News

Asian Energy Services will hold a meeting of the Board of Directors of the Company on 3 May 2024.Powered by Capital Market - Live News

Asian Energy Services has received a letter of intent from Hardy Exploration & Production (India) Inc. The contract involves laying of flexible flow lines, dynamic risers, control umbilicals and associated accessories in PY3 Field in the Southern Coast of India. The project is valued at approximately Rs 48 crore including taxes and it will be executed in FY25. In addition to the base scope, the Letter of Intent also has a provision for extension of work scope by Hardy Exploration & Production (India) Inc. Powered by Capital Market - Live News

Net profit of Asian Energy Services reported to Rs 13.91 crore in the quarter ended December 2023 as against net loss of Rs 10.47 crore during the previous quarter ended December 2022. Sales rose 228.25% to Rs 94.83 crore in the quarter ended December 2023 as against Rs 28.89 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales94.8328.89 228 OPM %15.86-10.18 - PBDT15.66-2.95 LP PBT11.44-8.40 LP NP13.91-10.47 LP Powered by Capital Market - Live News

Asian Energy Services will hold a meeting of the Board of Directors of the Company on 29 January 2024. The meeting would commence at 4:15 p.m.Powered by Capital Market - Live News