Asian Petroproducts & Exports News

Asian Petroproducts and Exports Reports Quarterly Profit of ₹13.73 Lakhs

Asian Petroproducts and Exports Limited's Board approved unaudited financial results for the quarter ended June 30, 2025. The company reported a profit of ₹13.73 lakhs compared to a loss of ₹26.32 lakhs in the same quarter last year. Revenue from operations was ₹471.10 lakhs versus nil in the previous year quarter. Total income reached ₹508.11 lakhs against ₹0.25 lakhs last year. Major expenses included purchases of stock-in-trade at ₹467.87 lakhs and employee benefits expense of ₹16.16 lakhs. Basic and diluted earnings per share stood at ₹0.06 compared to negative ₹0.30 in the corresponding quarter. The company's paid-up equity share capital increased to ₹2,455.79 lakhs from ₹866.75 lakhs. The auditors noted that statutory compliance with GST and TDS is subject to reconciliation and subsequent adjustment.