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Aban Offshore - Quaterly Results

27 May 2024 Evaluate
An increase of about 98.06% to Rs. 294.08 millions in the topline was observed for the quarter ended March 2024. The topline stood at Rs. 148.48 millions during the similar quarter previous year.The Net Loss for the quarter ended March 2024 is Rs. -763.75 millions as compared to Net Loss of Rs. -1072.98 millions of corresponding quarter ended March 2023 Operating profit Margin for the quarter ended March 2024 improved to -508.23% as compared to -788.91% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 294.08 148.48 98.06 901.99 759.94 18.69 901.99 759.94 18.69
Other Income 29.05 75.87 -61.71 102.21 149.02 -31.41 102.21 149.02 -31.41
PBIDT -508.23 -788.91 -35.58 -1767.11 -871.43 102.78 -1767.11 -871.43 102.78
Interest 159.76 158.18 1.00 639.43 691.51 -7.53 639.43 691.51 -7.53
PBDT -667.99 -947.09 -29.47 -2406.54 -629.82 282.10 -2406.54 -629.82 282.10
Depreciation 95.73 84.36 13.48 385.62 381.56 1.06 385.62 381.56 1.06
PBT -763.72 -1031.45 -25.96 -2792.16 -1011.38 176.07 -2792.16 -1011.38 176.07
TAX 0.03 41.53 -99.93 37.63 115.01 -67.28 37.63 115.01 -67.28
Deferred Tax 0.03 41.53 -99.93 37.63 115.01 -67.28 37.63 115.01 -67.28
PAT -763.75 -1072.98 -28.82 -2829.79 -1126.39 151.23 -2829.79 -1126.39 151.23
Equity 116.73 116.73 0.00 116.73 116.73 0.00 116.73 116.73 0.00
PBIDTM(%) -172.82 -531.32 -67.47 -195.91 -114.67 70.85 -195.91 -114.67 70.85
Peers
Company Name CMP
ONGC 235.90
Oil India 467.10
Jindal Drilling&Inds 588.80
Deep Industries 762.85
Asian Energy Service 489.30
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