Asian petroproducts & exports Limited has announced that its Board of Directors will meet on February 14, 2026, to review the company's unaudited financial results for the third quarter ended December 31, 2025. The announcement was made through a formal communication to BSE Limited on February 8, 2026, in compliance with regulatory requirements.

Board Meeting Details

The meeting has been scheduled pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The primary agenda involves considering the unaudited financial statements for the third quarter of FY26.

Trading Window Closure

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the company has implemented a trading window closure for all designated persons. This restriction affects the sale, purchase, and dealing in the company's equity shares.

The trading window closure applies to all designated persons as defined under the company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders. The restriction will remain in effect until Monday, February 16, 2026, with normal trading operations resuming from Tuesday, February 17, 2026.

Company Information

Asian Petroproducts and Exports Limited operates under CIN L23209GJ1991PLC016666 and maintains its registered office in Vadodara, Gujarat. The company trades on BSE with scrip code 524434 and symbol ASINPET. The formal notification was signed by Anjali Gurnani, Company Secretary-cum-Compliance Officer, ensuring proper regulatory compliance and stakeholder communication.

Asian Petroproducts & Exports Limited (APEL) has reported a significant turnaround in its financial performance for the quarter ended June 30. The company's board approved the unaudited financial results, revealing a profit of ₹13.73 lakhs compared to a loss of ₹26.32 lakhs in the same quarter last year.

Financial Highlights

• Revenue from Operations: ₹471.10 lakhs vs Nil (previous year)
• Total Income: ₹508.11 lakhs vs ₹0.25 lakhs (previous year)
• Profit After Tax: ₹13.73 lakhs vs Loss of ₹26.32 lakhs (previous year)
• Earnings Per Share: ₹0.06 vs Negative ₹0.30 (previous year)

Key Financial Metrics

Operational Performance

The company witnessed a substantial increase in its revenue from operations, reaching ₹471.10 lakhs in the current quarter, compared to nil revenue in the same quarter of the previous year. This significant growth in revenue contributed to the company's profitability.

Expenses and Cost Management

APEL's major expenses for the quarter included purchases of stock-in-trade at ₹467.87 lakhs and employee benefits expense of ₹16.16 lakhs. The company's total expenses stood at ₹494.38 lakhs, compared to ₹26.57 lakhs in the corresponding quarter last year.

Capital Structure

The company's paid-up equity share capital increased to ₹2,455.79 lakhs from ₹866.75 lakhs in the previous year, indicating a significant change in its capital structure.

Auditor's Note

The statutory auditors, DBS & Associates, Chartered Accountants, noted that statutory compliance with GST and TDS is subject to reconciliation and subsequent adjustment. This emphasis of matter was included in their limited review report.

Board Meeting Details

The board meeting to approve these results was held on August 13, commencing at 2:30 PM and concluding at 3:00 PM. The financial results were reviewed by the Audit Committee before being approved by the Board of Directors.

Asian Petroproducts & Exports Limited's turnaround from a loss to a profit position, coupled with a substantial increase in revenue, marks a positive shift in the company's financial performance for the first quarter.