Asian Petroproducts & Exports Limited has announced the outcome of its Board of Directors meeting held on February 14, 2026, where the company approved its unaudited financial results for the third quarter ended December 31, 2025. The board meeting, which commenced at 5:00 pm and concluded at 5:15 pm on the same day, was conducted in accordance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Outcome

The company communicated the meeting outcome to BSE Limited through regulatory filing No. 391/fy25-26 on February 14, 2026. Managing Director Jaykishore Chaturvedi (DIN: 00467706) signed the official communication, confirming the board's approval of the quarterly financial results along with the limited review report from statutory auditors.

Auditor Review Report

M/s. Maheshwari & Co., Chartered Accountants, Mumbai, the company's statutory auditors, provided a limited review report on the unaudited financial results. The auditors conducted their review in accordance with Standard on Review Engagements (SRE) 2410, issued by the Institute of Chartered Accountants of India.

The auditors noted an emphasis of matter regarding statutory compliance with GST and TDS, which remains subject to reconciliation and subsequent adjustment if required. Despite this notation, the review found no material misstatements in the financial results prepared in accordance with Indian Accounting Standard 34.

Corporate Compliance

The company maintains its listing on BSE with scrip code 524434 and trading symbol ASINPET. Asian Petroproducts and Exports Limited operates under CIN L23209GJ1991PLC016666 with its registered office at 24, Suwernapuri Society, Chikuwadi, Near Jetalpur Road, Alkapuri, Vadodara 390007. The company's website is accessible at www.asianpetro.in with official communications directed to barodagroup99@gmail.com .

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.