Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting pursuant to SEBI LODR Regulations
Audit Opinion:
Clean - Limited Review Report states nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [₹ in lakhs]:
Standalone Results:
Revenue from Operations: ₹6,178.30 (Q1 June 2026) vs ₹7,773.27 (Q1 June 2025) - Decreased 20.5% YoY
Total Income: ₹6,222.23 (Q1 June 2026) vs ₹7,857.05 (Q1 June 2025) - Decreased 20.8% YoY
Net Profit: ₹760.08 (Q1 June 2026) vs ₹1,134.20 (Q1 June 2025) - Decreased 33.0% YoY
EPS: ₹2.55 basic, ₹2.49 diluted (Q1 June 2026) vs ₹3.80 basic, ₹3.71 diluted (Q1 June 2025)
Other Equity: Not specified for quarter
Cash and Cash Equivalents: Not specified
Debt: Not specified
Consolidated Results:
Revenue from Operations: ₹6,168.21 (Q1 June 2026) vs ₹7,769.51 (Q4 March 2026) vs ₹4,021.62 (Q1 June 2025)
Total Income: ₹6,212.19 (Q1 June 2026) vs ₹7,854.92 (Q4 March 2026) vs ₹4,130.81 (Q1 June 2025)
Net Profit: ₹933.60 (Q1 June 2026) vs ₹1,304.74 (Q4 March 2026) vs ₹240.32 (Q1 June 2025)
Attribution: ₹933.62 to owners of the company, (₹0.02) to non-controlling interest
EPS: ₹3.13 basic, ₹3.06 diluted (Q1 June 2026) vs ₹4.37 basic, ₹4.27 diluted (Q4 March 2026) vs ₹0.81 basic, ₹0.79 diluted (Q1 June 2025)
Other Equity: Not specified for quarter
Cash and Cash Equivalents: Not specified
Debt: Not specified
Segment-wise Performance:
The company operates in two segments: Drilling & Exploration and Coal Business.
Consolidated Segment Revenue:
Drilling & Exploration: ₹6,168.21 (Q1 June 2026) vs ₹7,769.51 (Q4 March 2026) vs ₹4,021.62 (Q1 June 2025)
Coal Business: ₹0 across all periods (operations not commenced)
Consolidated Segment Results:
Drilling & Exploration Profit: ₹1,057.72 (Q1 June 2026) vs ₹1,589.02 (Q4 March 2026) vs ₹279.63 (Q1 June 2025)
Coal Business: ₹0 across all periods
Share of Profit from Joint Ventures:
₹132.24 (Q1 June 2026) vs ₹88.66 (Q4 March 2026) vs ₹30.53 (Q1 June 2025)
Corporate Actions:
No dividend declarations, share splits, bonus issues, buybacks, or capital raising activities announced.
Director Re-appointments:
1. Re-appointment of Mr. Vikas Jain (DIN: 00049217) as Chairman & Managing Director for 3 years with effect from November 20, 2026, subject to shareholder approval
2. Re-appointment of Mr. Piyush Jain (DIN: 00049319) as Joint Managing Director for 3 years with effect from November 20, 2026, subject to shareholder approval
3. Re-appointment of Mrs. Meenakshi Anand (DIN: 01937203) as Independent Director (Non-Executive) for 3 years with effect from August 14, 2026, subject to shareholder approval
4. Re-appointment of Mrs. Shivi Sabharwal (DIN: 08792827) as Independent Director (Non-Executive) for 3 years with effect from August 14, 2026, subject to shareholder approval
5. Re-appointment of Mr. Rajendra Prasad Ritolia (DIN: 00119488) as Non-Executive Director (Non-Independent) for 3 years with effect from August 12, 2027, subject to shareholder approval
AGM Arrangements:
- Draft Notice for 20th Annual General Meeting for FY 2025-26 through Video Conference and Other Audio Visual Means
- Fixation of record date for AGM
- Appointment of NSDL for providing remote e-voting facilities
- Appointment of Mr. Krishna Kumar Singh, Practicing Company Secretary (Proprietor of M/s KKS & Associates) as Scrutinizer for e-voting
Other Significant Information:
Coal Block Development:
The company has been allocated a coal block in Jharkhand by Ministry of Coal, Government of India. The Ministry notified the company as accredited prospecting agency for exploration of coal and Lignite vide notification dated November 26, 2025. Exploration activities have been completed and preparation of definitive Geological Report is underway, expected to be submitted by end of July 2026.
Business Nature Impact:
The company being in drilling and exploration business, mobilization and demobilization of resources including rigs may sometimes affect revenue and profitability.
Entities in Consolidation:
The consolidated results include: South West Pinnacle Exploration Limited (Holding Company), South West Resources Private Limited (Wholly Owned Subsidiary), South West Geo Services Private Limited (Wholly Owned Subsidiary), South West Oil Field Services Private Limited (Subsidiary Company), Alara Resources LLC (Joint Venture), South West Samit JV (Joint Venture), Al Hadeetha Mining LLC (Joint Venture)
Investor Complaints:
No investor complaints were received, disposed off, or pending during the quarter.