Alphageo (India) Limited reported a widened standalone net loss of ₹1429.49 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹763.30 lakh in the previous year. Revenue from operations for the year increased to ₹10972.04 lakh from ₹9096.27 lakh in FY25. The company's board of directors, meeting on May 27, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. Despite the widened loss, the board recommended a dividend of ₹5 per equity share of ₹10 each for FY26, subject to the approval of shareholders at the ensuing Annual General Meeting.

Financial Performance

For the quarter ended March 31, 2026, the company reported a net loss of ₹361.95 lakh, compared to a net loss of ₹450.94 lakh in the corresponding period of the previous year. Total income for the year stood at ₹11471.94 lakh. The statutory auditors issued an unmodified opinion on the audited standalone and consolidated financial results.

Key Financial Metrics

Board Decisions and Disclosures

The board meeting, which commenced at 13:00 PM and concluded at 15:15 PM, also deliberated on the recommendation of the dividend. The trading window for dealing in the company's securities, which was closed from April 1, 2026, will reopen 48 hours after the declaration of the financial results. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory and Legal Matters

The auditors drew attention to ongoing proceedings under the Foreign Exchange Management Act, 1999 (FEMA), where fixed deposits aggregating ₹1601.08 lakhs remain under seizure. The company received a show cause notice dated January 29, 2026, from the adjudicating authority. Additionally, a tax demand of ₹1644.78 lakhs received by the Managing Director in FY25, indemnified by the company, has been recognised as a non-current income tax asset. The aggregate exposure of ₹2246.31 lakhs has been disclosed as a contingent liability, with no provision recognised based on management and legal opinion.

Alphageo (India) Limited has issued a clarification to BSE Surveillance addressing queries about recent price movements in the company's shares. The response, submitted on April 9, 2026, comes following a surveillance inquiry from the exchange.

Company's Response to BSE Surveillance

The company addressed BSE's surveillance query through a formal communication, referencing BSE Mail Ref. No. L/SURV/ONL/PV/APJ/ 2026-2027 / 3569 dated April 8, 2026. Alphageo clarified that it has maintained full compliance with disclosure requirements under applicable regulations.

Regulatory Compliance Statement

Alphageo emphasized its adherence to disclosure obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it has intimated all events and price-sensitive information to exchanges as required under Regulation 30 and other applicable regulations.

Key points from the company's clarification include:

• All material events and price-sensitive information have been disclosed
• No information has been withheld that could impact share price or volume behavior
• The company maintains no control over market-driven price movements
• Commitment to highest standards of governance and disclosures continues

Market Movement Attribution

The company attributed the share price movement to prevailing market conditions, stating these are market-driven factors beyond the company's control or knowledge. Alphageo emphasized that it neither has control over nor specific knowledge of reasons behind the price movements.

The response was digitally signed by Sakshi Mathur, Company Secretary and Compliance Officer, and submitted to BSE Surveillance for record purposes. The company requested the exchange to take the clarification on record while reaffirming its commitment to regulatory compliance.