Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting pursuant to Regulation 30 of SEBI LODR

Date of Board Meeting / Approval: July 27, 2026

Audit Opinion: Unmodified (Clean) - Limited Review Report

Auditor’s Comment: Attention drawn to Note 4 regarding revised estimation of amortisation period of Oil and Gas Assets, which reduced amortisation charge by ₹1,193 Lakhs for the quarter. The conclusion is not modified.

Key Financial Highlights [₹ in Lakhs]

Standalone Results:

Revenue from Operations (Net): ₹13,104 (Q1 FY27) vs ₹5,063 (Q1 FY26) - 158.8% YoY increase

Total Income: ₹13,223 (Q1 FY27) vs ₹5,356 (Q1 FY26)

Net Profit: ₹5,432 (Q1 FY27) vs ₹1,122 (Q1 FY26) - 384.0% YoY increase

EPS (Basic, not annualised): ₹15.45 per share (Q1 FY27) vs ₹3.19 per share (Q1 FY26)

Other Equity: Not specified for current quarter; ₹62,029 Lakhs as of Year Ended 31.03.2026

Cash and Cash Equivalents: Not Specified

Debt: Not Specified

Consolidated Results:

Not Specified - The results provided are on a standalone basis.

Segment-wise Performance:

The Company operates in a single segment of production of Oil and Natural gas. Therefore, Ind AS-108 on Segment Reporting is not applicable.

Corporate Actions:

Not Specified

Other Significant Information:

Exceptional Item: An impairment provision of ₹1,000 Lakhs was recognised against Capital Work-in-Progress relating to the Elo Field, as approval from the Directorate General of Hydrocarbons (DGH) for further development is pending.

Cambay Field Acquisition:

  • The Government of India approved the transfer of a 50% Participating Interest (PI) in the Cambay Field PSC to the company on 19th July 2024. The company capitalised ₹3,048 Lakhs as consideration and has paid ₹3,168 Lakhs against a carry clause.
  • A heads of terms was executed with Synergia Energy Limited on 4th July 2025 to acquire the remaining 50% PI, with an exclusivity fee of ₹473 Lakhs (USD 0.5 million). The Share Purchase Agreement (SPA) remained unexecuted as of 31st March 2026, and the exclusivity fee was written off in the previous year.

Share Allotment: During the previous year, the company allotted 1,99,62,358 equity shares (face value ₹10 each) to shareholders of Antelopus Energy Private Limited pursuant to a Scheme of Amalgamation.