South West Pinnacle Exploration News

South West Pinnacle Bags ₹307 Crore Exploration Deal

South West Pinnacle Exploration Limited secured its largest-ever contract worth ₹307 crore from Hind Metal Exploration Services for four-year exploration services in Rajasthan.

South West Pinnacle Q3FY26 Net Profit Jumps 181.5%

South West Pinnacle Exploration reported strong Q3FY26 results with net profit rising 181.5% to ₹979.09 lakhs. Revenue grew 31.8% to ₹6,266.20 lakhs driven by drilling operations.

South West Pinnacle Wins ₹30.45 Cr Coal Projects

South West Pinnacle Exploration secures two coal exploration project awards from CMPDI worth approximately ₹30.45 crores across Madhya Pradesh and Maharashtra states.

CRISIL Revises SouthWest Pinnacle Exploration's Outlook to Positive on Strong Growth Prospects

CRISIL revised SouthWest Pinnacle Exploration Ltd's long-term bank facilities outlook to Positive from Stable while reaffirming BBB/A3 ratings on Rs 83.69 crore facilities. The revision reflects expectations of sustained operational improvement backed by robust revenue growth, healthy profitability, and a record order book of Rs 412 crore as of September 2025.

SouthWest Pinnacle Exploration Gets Accredited as Prospecting Agency for Jharkhand Coal Block

SouthWest Pinnacle Exploration Limited has been notified as an accredited prospecting agency by the Ministry of Coal to carry out exploration operations for coal and lignite, enabling the company to commence exploration and development activities for its Jogeshwar and Khas Jogeshwar coal blocks in Jharkhand. This accreditation positions the company competitively among elite peers and opens doors to lucrative contracts and revenue growth while allowing faster development of the mine with reduced approval timelines.