Asian Energy Q1 FY27 Profit Surges 129% to ₹12.8 Cr

Asian Energy Services Ltd reported a strong start to FY27 with Q1 profit surging 129% year-on-year to ₹12.8 crore on revenue growth of 135% to ₹271.2 crore. The performance was driven by strong execution, operating discipline, and contributions from domestic and international operations. The company maintained its FY27 guidance and has a robust order book of ₹1,754 crore, providing multi-year revenue visibility. The proposed merger with Oilmax is expected to be completed by September/October 2026, further strengthening its integrated energy platform. Asian Energy is well-positioned to capitalize on India's focus on domestic oil, gas, and mineral production.