Aban Offshore's Q3 FY 2025-26 Quarterly Results
- 14 Feb 2026
Result Summary
- Aban Offshore Ltd reported a 7.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 17.1%.
- Its expenses for the quarter were down by 80.5% QoQ and 80.0% YoY.
- The net profit decreased 109.6% QoQ and decreased 110.7% YoY.
- The earnings per share (EPS) of Aban Offshore Ltd stood at 5.06 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 99.74 | 107.63 | 120.36 | -7.3% | -17.1% |
Total Expenses | 78.04 | 400.70 | 390.17 | -80.5% | -80.0% |
Profit Before Tax | 21.69 | -293.07 | -269.80 | -107.4% | -108.0% |
Tax | -7.90 | 14.37 | 6.70 | -155.0% | -217.9% |
Profit After Tax | 29.56 | -307.44 | -276.55 | -109.6% | -110.7% |
Earnings Per Share | 5.06 | -52.68 | -47.39 | -109.6% | -110.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aban Offshore Ltd is a company primarily engaged in the business of offshore drilling services. The company operates within the oil and gas sector, providing services that include exploration, development, and production of oil and natural gas. Aban Offshore Ltd utilizes a fleet of offshore drilling rigs, including jack-up rigs, drillships, and floating production units, to deliver its services. The company is a key player in the energy industry, focusing on providing cost-effective solutions to its clients. Recent developments within the company or industry would typically include technological advancements in drilling techniques or changes in regulatory environments, but specific recent developments are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2026 (Q3FY26), Aban Offshore Ltd reported a total income of ₹99.74 crores. This represents a decrease of 7.3% compared to the previous quarter (Q2FY26), where the total income was ₹107.63 crores. Year-over-year (YoY), the total income has declined by 17.1% from ₹120.36 crores in the third quarter of fiscal year 2025 (Q3FY25). These figures reflect the company's revenue performance over the specified periods, indicating the changes in income generation.
Profitability
The profitability of Aban Offshore Ltd saw a significant improvement in Q3FY26. The Profit Before Tax (PBT) for this quarter was ₹21.69 crores, marking a substantial turnaround from the losses reported in both Q2FY26 and Q3FY25, which were -₹293.07 crores and -₹269.80 crores respectively. This change represents a QoQ improvement of 107.4% and a YoY improvement of 108.0%. The Profit After Tax (PAT) for Q3FY26 was ₹29.56 crores, compared to losses of -₹307.44 crores in Q2FY26 and -₹276.55 crores in Q3FY25. This reflects a QoQ and YoY improvement of 109.6% and 110.7%, respectively. The Earnings Per Share (EPS) also moved from negative figures in previous periods to a positive ₹5.06 in Q3FY26.
Operating Metrics
Total expenses in Q3FY26 were reported at ₹78.04 crores, showing a significant reduction of 80.5% from Q2FY26, where expenses amounted to ₹400.70 crores, and a YoY reduction of 80.0% from ₹390.17 crores in Q3FY25. The tax component also saw a notable change, with a negative tax expense of -₹7.90 crores in Q3FY26, a stark contrast to the tax expenses of ₹14.37 crores in Q2FY26 and ₹6.70 crores in Q3FY25. These figures suggest significant operational shifts within the company, impacting its financial statements. The reduction in expenses and tax liabilities has contributed to the positive profitability metrics observed in the latest quarter.