Asian Energy Services Limited posted a strong quarterly financial performance for the March 2025 quarter, highlighting its consistent growth path in the energy services business. The board has declared a final dividend of 1 rupee per share, rewarding investors for their faith reposed in the company.
Key Highlights
The consolidated revenue from operations of the company during the March quarter was Rs 2.15 billion, depicting strong project execution and consistent demand in its fundamental business segments.
Net profit during the quarter stood at Rs 225.2 million, exhibiting healthy profitability and operational efficiency.
This performance follows a strong nine-month period, during which Asian Energy Services recorded a year-on-year revenue growth of 34% and an 81% year-on-year increase in profit after tax, buoyed by a good order book and its diversified service offerings.
The board's recommendation of a final dividend payment of Rs 1 per share reflects the management's optimism in the company's financial condition and prospects.
The company's steady growth, robust order book, and shareholder-accommodating policies make it a prominent player in the oil, gas, and minerals services industry. Investors and stakeholders can expect sustained value creation as Asian Energy Services rides on its experience and market opportunities.
Sources: Moneycontrol, Economic Times, Asian Energy Services Press Release