Aban Offshore Q1 FY27 Results: Turns Profitable, Net Profit ₹83.7 Cr
Aban Offshore Ltd reported revenue from operations of ₹165.3 Cr (+44.5% YoY) and net profit of ₹83.7 Cr for Q1 FY27.
- Key figure
- Net profit ₹83.7 Cr
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Aban Offshore Ltd reported revenue from operations of ₹165.3 Cr (+44.5% YoY) and net profit of ₹83.7 Cr for Q1 FY27.
Aban Offshore clarified that no board meeting occurred on August 14, 2026, as the company is under CIRP. Financials were signed by the Resolution Professional.
Aban Offshore Ltd reported revenue from operations of ₹99.1 Cr (-14.3% YoY) and net profit of ₹1.8 Cr for Q4 FY26.
Aban Offshore is currently undergoing CIRP under the IBC. Due to this process and reporting changes, the company is delaying its quarterly financial results submission.
Independent Director Mr. Krishnamurthy Vijayan has resigned from Aban Offshore Ltd effective July 22, 2026. The resignation is due to personal reasons and professional commitments.
Aban Offshore Ltd has filed its quarterly shareholding pattern for the period ended June 30, 2026, as required by SEBI regulations.
Aban Offshore reported Rs.281 crore in unredeemed preference shares. The company remains under Corporate Insolvency Resolution Process as per NCLT directives.