Alphageo (India) News

Alphageo Reports Q3 FY26 Loss of ₹584.44 Lakhs

Alphageo (India) Limited reported a net loss of ₹584.44 lakhs for Q3 FY26, with revenue rising to ₹1683.73 lakhs. The company faces regulatory challenges with FEMA proceedings.

Alphageo India Reports Loss of Rs 574.82 Lakhs in Q2 FY25 Despite Revenue Growth

Alphageo India Limited posted a net loss of Rs 574.82 lakhs for the quarter ended September 30, 2025, compared to a profit of Rs 176.85 lakhs in the same quarter last year, despite total income rising to Rs 595.38 lakhs from Rs 241.58 lakhs. The geophysical services company faces ongoing regulatory challenges including Rs 1,601.08 lakhs in seized fixed deposits by the Directorate of Enforcement under FEMA and a tax demand of Rs 1,645 lakhs on the Managing Director.

Alphageo Offshore Services Faces Legal Challenge Over Oil India Contract Award

Alphageo Offshore Services Private Limited, a material subsidiary of Alphageo (India) Limited, received a Special Civil Application filed in the Gujarat High Court at Ahmedabad on November 4, 2025. The application was filed by Advent Oilfield Services Private Limited, challenging the award of a contract from Oil India Limited to Alphageo Offshore Services. The contract award was previously disclosed to stock exchanges on September 25, 2025. The matter is currently under legal proceedings, and Alphageo Offshore Services is evaluating the application in consultation with legal advisors. The company stated it will keep stock exchanges informed of any material developments. No financial implications have been determined at this stage.

Alphageo India Reports Q1 2025 Results, Schedules 38th AGM for September 26

Alphageo (India) Limited's Board approved unaudited consolidated and standalone financial results for the quarter ended June 30, 2025. On a consolidated basis, the company reported revenue from operations of Rs 4,084.28 lakhs compared to Rs 2,526.48 lakhs in the same quarter last year. Profit after tax stood at Rs 74.23 lakhs versus Rs 402.32 lakhs in the previous year quarter. On standalone basis, revenue was Rs 4,084.28 lakhs against Rs 1,869.60 lakhs last year, with profit after tax of Rs 91.72 lakhs compared to Rs 290.14 lakhs. The Board scheduled the 38th Annual General Meeting for September 26, 2025, via video conferencing. The Register of Members and Share Transfer Book will be closed from September 20-26, 2025, for determining dividend eligibility. The company operates in geophysical data acquisition, processing and interpretation services. Earnings per share on consolidated basis was Rs 1.27 compared to Rs 5.89 in the previous year quarter.