Outcome of Board Meeting

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 [Showing first 8,000 characters — download PDF for full document]