BSEBoard Meeting2d ago · 7 Nov 2026, 05:24 pm
Please find attached Outcome of Board Meeting -Unaudited Financial Results for the Second Quarter and half year ended on 30th September, 2026.
Asian Petroproducts & Exports Ltd · 524434
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Asian Petroproducts & Exports Ltd has announced its unaudited financial results for the second quarter and half year ended September 30, 2026. The company's management has approved the results, which are subject to limited review by the independent auditor Maheshwari & Co. The auditor's report highlights some emphasis of matter, including the classification of trade payables and statutory compliance with GST and TDS.
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Governance Concern1/10
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Asian Petroproducts & Exports Ltd - 524434 - Board Meeting Outcome for Outcome Of Board Meeting - Unaudited Financial Results For The Second Quarter And Half Year Ended On 30Th September, 2026.
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ASIAN PETROPRODUCTS AND EXPORTS LIMITED
CIN: L23209GJ1991PLC016666
Regd. Office: 24, Suwernapuri Soceity, Chikuwadi, Near Jetalpur Road, Alkapuri, Vadodara 390 007
Website: www.asianpetro.in Email: barodagroup99@gmail.com
No.426/fy26-27 07th November, 2026
The Corporate Relationship Department
BSE Limited
1st Floor, New Trading Ring,
Rotunda Bldg., P.J. Towers, Dalal Street,
Fort, Mumbai-400 001
SCRIP CODE: 524434 SYMBOL: ASINPET
Sub: Outcome of Board Meeting - Unaudited Financial Results for the Second Quarter and half year
ended on 30th September, 2026.
Dear Sir / Ma’am,
With reference to the above mentioned subject, the meeting of Board of Directors of the
Company held on Saturday, 07th November, 2026 and inter alia, Board approved the Unaudited
Financial Results for Second Quarter and half year ended on 30th September, 2026 along with
Limited Review Reports received from Statutory Auditors of the Company M/s. Maheshwari &
Co., Chartered Accountants, Mumbai.
The Meeting of the Board of Directors commenced at 4.45 pm and concludes at 5.00 pm on the
same day.
Kindly take the same on your records.
Thanking You,
Yours Sincerely,
For ASIAN PETROPRODUCTS AND EXPORTS LIMITED
Jaykishore Chaturvedi
Managing Director
DIN: 00467706
Encl: As Above
Maheshwari & Co.
Chartered Accountants
Independent Auditor’s Limited Review Report on unaudited financial results of Asian
Petroproducts And Exports Limited for Quarter and Half year ended September 30, 2026
Pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, as amended
To The Board of Directors of
Asian Petroproducts and Exports Limited
1. We have reviewed the accompanying statement of unaudited financial Results of Asian
Petroproducts And Exports Limited (‘the Company’) for the quarter and half year ended
September 30, 2026 (the “Statement”), attached herewith, being submitted by the
Company pursuant to the requirement of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended (the “Listing Regulation”).
2. This Statement which is the responsibility of the Company's Management and approved by
the Board of Directors, has been prepared in accordance with the recognition and
measurement principles laid down in Indian Accounting Standard 34 "Interim Financial
Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013 read with
relevant rules issued thereunder and other accounting principles generally accepted in India.
Our responsibility is to issue a report on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review
Engagements (SRE) 2410, "Review of Interim Financial Information Performed by the
Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India.
This standard requires that we plan and perform the review to obtain moderate assurance
as to whether the Statement is free from material misstatement. A review of interim
financial information consists of making inquiries, primarily of persons responsible for
financial and accounting matters, and applying analytical and other review procedures. A
review is substantially less in scope than an audit conducted in accordance with Standards
on Auditing and consequently does not enable us to obtain assurance that we would become
aware of all significant matters that might be identified in an audit. Accordingly, we do not
express an audit opinion.
Head Office : 10-11, Third Floor, Esplanade Building, 3, A. K. Naik Marg (Bestian Road), Next to New Empire Cinema,
Fort, C.S.T. Mumbai - 400 001. Tel. : +91-22-22077472/22072620 * E-mail : info@maheshwariandco.in *
www.maheshwariandco.in
Maheshwari & Co.
Chartered Accountants
4. Emphasis of Matter-
We draw attention to Note 5(a) to the accompanying financial results, which describes
Balances in the accounts of Trade Receivables, Trade Payables, Loans & Advance are subject
to confirmation, reconciliation and adjustment, if any required. Classification of Trade
Payables as MSME and Others is based on available information with management.
We draw attention to Note 5(b) to the accompanying financial results, which describes
Statutory Compliance with respect to GST and TDS is subject to reconciliation and
subsequent adjustment, if any required.
5. Based on our review conducted as stated above, except as stated in para 4 above, nothing
has come to our attention that causes us to believe that the accompanying Statement,
prepared in accordance with the aforesaid Indian Accounting Standard and other
accounting principles generally accepted in India, has not disclosed the information
required to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, including the manner in which it
is to be disclosed, or that it contains any material misstatement.
For,
Maheshwari & Co.
Chartered Accountants
FRN: 105834W
Gautam Jain
(Partner)
M.No.: 449094
UDIN: 26449094LTKOMK5791
Date: November 7, 2026
Place: Mumbai
Head Office : 10-11, Third Floor, Esplanade Building, 3, A. K. Naik Marg (Bestian Road), Next to New Empire Cinema,
Fort, C.S.T. Mumbai - 400 001. Tel. : +91-22-22077472/22072620 * E-mail : info@maheshwariandco.in *
www.maheshwariandco.in
ASIAN PETROPRODUCTS AND EXPORTS LIMITED
Regd. Office : 24, Suwernapuri Soceity, Chikuwadi, Near Jetalpur Road, Alkapuri, Vadodara 390 007
CIN: L23209GJ1991PLC016666
Statement of audited Financial Results for the Quarter and half year ended 30th September 2026
(Rs. In Lakhs)
Quarter Ended Half Year Ended Y ear ended
Sr. No. Particulars 30/09/2026 30/06/2026 30/09/2025 30/09/2026 30/09/2025 31/03/2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from Operations 324.00 3,770.31 4,370.54 4094.31 4,841.64 6,695.30
2 (b) Other Income 15.50 19.16 (4.79) 34.66 32.22 220.42
3 Total income 339.50 3,789.47 4,365.75 4,128.97 4,873.86 6,915.72
4 Expenses
(a) Cost of materials consumed - - 4,317.40 - - -
(b)Purchases of stock-in-trade 317.50 3,638.66 - 3,956.16 4,785.27 6,781.73
(c) Changes in inventories of finished goods, work-in-progress
(0.00) 124.73 - 124.73 - (134.28)
& stock in trade
(d) Employee benefits expense 17.12 16.57 16.17 33.69 32.34 64.31
(e) Finance Costs 10.96 11.54 5.31 22.50 10.31 33.85
(f) Depreciation and amortisation expense 0.11 0.11 0.03 0.22 0.06 0.25
(g) Other expenses 92.67 7.68 31.59 100.35 36.91 47.87
Total expenses 438.35 3,799.29 4,370.50 4,237.64 4,864.89 6,793.73
5 Profit/(Loss) before tax (3-4) (98.85) (9.82) (4.75) (108.67) 8.97 121.99
6 Tax Expenses (including deferred tax) 0.31 0.25 - 0.56 - 1.00
7 Profit/ (Loss) for the period ( 5-6) (99.16) (10.07) (4.75) (109.23) 8.97 120.99
8 Other Comprehensive Income net of taxes
a) Items that will not be reclassified to profit or loss - - - - - -
b) Items that will be reclassified to profit or loss - - - - - -
9 Total Comprehensive Income (99.17) (10.07) (4.75) (109.23) 8.97 120.99
10 Paid-up Equity Share Capital (Face Value of Rs. 10/- each) 2,455.79 2,455.79 2,455.79 2,455.79 2,455.79 2,455.79
Reserve excluding Revaluation Reserves as per balance sheet
11 - - - -
of previous accounting year - -
(i) Earning Per Share (For Continuing
Operations) (Face Value INR 10/- each)
- Basic (0.40) (0.04) (0.02) (0.44) 0.04 0.49
- Diluted (0.40) (0.04) (0.02) (0.44) 0.04 0.49
Note:
1 TheabovestandalonefinancialresultsforthehalfyearandquarterendedSeptember30,2026havebeenreviewedbytheAuditCommitteeandthereafterapprovedand
taken on record by the Board of Directors of the Company at their meeting held on November 7, 2025.
2 TheunauditedStandaloneFinancialResultsoftheCompanyhavebeenpreparedinaccordancewiththeIndianAccountingStandards(IndAS)notifiedunderthe
Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time.
3 The Statutory Auditors have carried out limited review of the above un
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