Aban Offshore Ltd consolidated Q4FY23 loss at Rs. 380.59 crores

Aban Offshore Limited has reported Consolidated financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 93.384 crores during the period ended March 31, 2023 as compared to Rs. 90.364 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. -380.591 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. -287.414 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. -65.21 for the period ended March 31, 2023 as compared to Rs. -49.23 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹93.384 crs	₹90.364 crs	3.34%
Net Profit	₹-380.591 crs	₹-287.414 crs	32.42%
EPS	₹-65.21	₹-49.23	32.46%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.93.384 crores during the period ended March 31, 2023 as compared to Rs.136.698 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-380.591 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.-1345.319 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.-65.21 for the period ended March 31, 2023 as compared to Rs.-230.53 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹93.384 crs	₹136.698 crs	-31.69%
Net Profit	₹-380.591 crs	₹-1345.319 crs	71.71%
EPS	₹-65.21	₹-230.53	71.71%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.531.058 crores during the Financial Year ended March 31, 2023 as compared to Rs.613.292 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.-1090.601 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.-2175.976 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.-186.90 for the Financial Year ended March 31, 2023 as compared to Rs.-373.04 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹531.058 crs	₹613.292 crs	-13.41%
Net Profit	₹-1090.601 crs	₹-2175.976 crs	49.88%
EPS	₹-186.90	₹-373.04	49.90%

Shares of Aban Offshore Limited was last trading in BSE at Rs. 41.45 as compared to the previous close of Rs. 38.29. The total number of shares traded during the day was 33352 in over 455 trades.

The stock hit an intraday high of Rs. 43.08 and intraday low of 38.26. The net turnover during the day was Rs. 1374446.00.

Source : Equity Bulls

Keywords

AbanOffshore Q4FY23 FY2023 ResultUpdate