Quarterly Result30 May 2026, 09:21 pm
Asian Petroproducts: FY26 Audited Results Approved
AI Summary
Asian Petroproducts & Exports Ltd's board approved the audited financial results for the fourth quarter and financial year ended March 31, 2026. The board re-appointed Jashwant Bhatt as an Independent Director for a second term of five years and appointed Sunil Kumar Mundra as Internal Auditor for FY 2026-27. The meeting, which commenced at 8:30 pm and concluded at 09:00 p.m. on May 30, 2026, also addressed audit qualifications, noting non-compliance with TDS provisions, Ind AS 19, and discrepancies in TDS receivable balances.
Key Highlights
- Audited FY26 results approved with a turnover of ₹6750.30 and net profit of ₹121.00.
- Jashwant Bhatt re-appointed as Independent Director for five years, subject to member approval.
- Sunil Kumar Mundra appointed as Internal Auditor for FY 2026-27.
- Audit qualifications noted regarding TDS compliance and Ind AS 19 requirements.
- Earnings Per Share reported as ₹0.49.
Price Impact
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