Asian Energy Services’ total order book stands at ₹1,688 crore.
Asian Energy Services Limited (AESL) posted strong first-quarter results for FY26, with revenue surging 92 per cent year-on-year to ₹115.4 crore from ₹60.2 crore in the same period last year. The energy services company announced the unaudited financial results for the quarter ended June 30, 2025.
Profit after tax increased 173 per cent to ₹5.6 crore compared to ₹2.1 crore in Q1 FY25, while EBITDA grew 72 per cent to ₹12.1 crore from ₹7.0 crore. The Mumbai-based company attributed the performance to timely execution of ongoing contracts and improved operational efficiencies.
AESL secured two major contracts in July, including a ₹772-crore integrated service contract from Vedanta Limited spanning 57 months and a ₹46-crore seismic data acquisition contract from Sun Petrochemicals in Gujarat for 12 months. The company’s total order book stands at ₹1,688 crore, with operations and maintenance comprising 75.2 per cent, infrastructure accounting for 19.3 per cent, and seismic services making up 5.5 per cent.
The company is finalising its acquisition of Kuiper Group, which will expand its capabilities and geographic reach across the Middle East and Southeast Asia. AESL specialises in upstream oil and gas services, including seismic data acquisition, operations and maintenance of production facilities, and mining services including material handling plants.
The shares of Asian Energy Services Limited (AESL) were trading on the NSE today at ₹344 down by ₹1.15 or 0.33 per cent at the closing bell.
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Published on August 13, 2025
