Q1-April - June 2025-26 - Consolidated

ALPI•Id O (INDB) LIMITED

Plot No. 686, Road No: 33, Jubilee Hills, Hyderabad - 500033 Tel : +91-40-23550502 / 23550503 / 23540504

E-mail: info@alphageoindia.com, V bsite: https://www.alphageoindia.com

Contd...

HYD.

4210T 1987PLC007580, Regd. Office : 802, Babukhan Estate, Basheerbagh, Hyderabad - 500 001, INDIA

Statement of consolidated unaudited financial results for the quarter ended 30th June, 2025

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Note

The statement of unaudited consolidated financial results for the quarter ended 30th June, 2025 as reviewed by the audit committee and have been considered and approved by the Board of Directors at its meeting held on Augustl2, 2025. The statutory auditors of the company have carried out a li mited review of the above said results and have issued unmodified opinion.

1. The Statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013 and other recognised accounting practices and policies to the extent applicable and in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirments) Regulation, 2015 as amended.

2. The Consolidated results include the unaudited financial results of Indian subsidiary, associate company of Indian subsidiary and foreign subsidiary.

The group is engaged in the business of "Geophysical Data Acquisition, Processing and interpretation Services" and therefore, has only one reportable segment in accordance with Ind AS 108 "Operating Segments".

1. The figures for the quarter ended 31st March 202S are the balancing figures between audited figures for the full financial year and the reviewed year to date figures up to the third quarter of the respective financial year.

2. During the financial Year 2021-22 the company has received a notice from Income tax department on alleging an excess payment towards imports of Machinery on which depreciation is disallowed amounting to Rs.867 lakhs and issued demand notice of Rs 601 lakhs and is shown under contingent liability. During the financial year 2024-25 in the same matter Managing director also received the demand in his personal capacity for the amount of Rs.1645 lakhs, which is indemnified by the company and grouped under Income Tax Assets and also shown under Contigient Liability. Company is not foreseeing any provision currently for the above based on external expert opinion obtained.

3. During the financial year 2022-23 Directorate of Enforcement had provisionally seized the fixed deposits amoun fing to Rs.1601.08 lakhs under foreign exchange and Management Act, 1999 (FEMA 1999) and the company had challenged the same before The Hon'ble Appellate Tribunal, FEMA, New Delhi . In this matter the company is still awaiting for the adjudicating proceedings. No Provision is considered by the management at this stage.

4. The abstract of Financial Results on Standalone basis is given below:

   PARTICULARS	Quarter Ended			Year ended
   	30.06.2025	31.03.2025	30.06.2024	31.03.2025
   	Unaudited	(Refer note-5)	Unaudited	Audited
   Total revenue from operations Profit /fLoss) before tax from continuing operations Profit /(Loss) after tax from continuing operations Profit /(Loss ) after tax from dis-continuing operations Other comprehensive income (Net of tax) Total comprehensive income	4084.28 105.97 91.72 (1.69) 90.03	4241.42 (494.03) (450.94) (11.02) (461.96)	1869.60 233.39 290.14 (5.00) 285.14	9096.27 (1012.72) (763.30) (6.76) (770.06)

5. The figures for the corresponding previous period have been reclassified / regrouped wherever necessary to conform to current period classification.

For ALPHAGEO (INDIA IMIT£D

HYDERABAD August 12, 2025

Dinesh Alia

Chairman & Managing Director

, H D , A

MAJETI R CO

Chartered Accountants

INDEPENDENT AUDITORS REVIEW REPORT ON THE UNAUDITED CONSOLIDATED

FINANCIAL RESULTS OF ALPHAGEO (INDIA) LIMITED FOR THE QUARTER ENDED

30 3UNE 2025 PURSUANT TO THE REGULATION 33 OF THE SEBI (MSTING

OBLIGATIONS AND DISCLOSURE REQUIREFgENTg) REGULATIONS, 2015, AS

AMENDED

Review Report to

The Board of Directors

ALPHAGEO (INDIA) LIMITED

We have reviewed the accompanying Statement of unaudited Consolidated Financial Results of ALPHAGEO (INDIA) LIMITED ("the Parent") and its subsidiaries (the Parent and its subsidiaries together referred to as 'the Group')for the quarter ended June 30, 2025 (the "Statement") attached herewith, being submitted by the Parent pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('the Regulations').

1. This Statement, which is the responsibility of the Parent's t4anagement and approved by the Parent's 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 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to express a conclusion on the Statement based on our review.

2. We conducted our review of the Statement in accordance with the Standard on Review Engagements tSRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. 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.

   We also performed procedures in accordance with the Circular No. CtR/CFD/CMD 1/44/2019 dated March 29, 2019 issued by the SEBI under Regulation 33

   (8) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, to the extent applicable.

3. This statement includes the results of the following entities:

   1. Alphageo Offshore Services Private Ltd (Tndian Subsidiary)

   2. Alphageo International Ltd (Foreign Subsidiary)

   3. 4giI Seismic Services Private Limited (Associate company of Alpha9eo OffShore Services Private Limited)

      
      
      
      
      
      

      H.O : 101, Ganesh Siri Sampada Apts., I 6-3-347/17, Dwarakapuri Colony I Sai Baba Temple Road, I Punjagutta, Hyderabad - 500 082

      6 Off. : +91-40-2335 8055 I E-mail : kiran@ majeti.co.in

      Ext. 109, Metro Residency I 6-3-1247, Rajbhavan Road I Khairatabad, Hyderabad - 500 082 I Telan9ana,India.

      
      
      

      MAJETI R CO

      Chartered Accountants

      Continuation Sheet

4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standards ('Ind AS') specified under Section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement.

5. Emphasis of matter

   As mentioned in the note no 7 of attached statement, During the financial year 2022-23, Directorate of Enforcement had seized Rs 1601.08 lakhs of fixed deposits alleging Contravention under section 4 of Foreign Exchange and Management Act, 1999 (FEMA 1999). As explained in the above said note management yet to receive show cause notice from the adjudicating authority. Currently no provision on account of this matter made in the books of account.

   As mentioned in the note no 6 to the statement, During the financial year 2024-25, the Nanaging Director received a tax demand of Z1,645 lakhs in connection with an ongoing tax matter pertaining to the Company. This amount was indemnified by the Company and has been classified under non-current income tax assets. No provision has been recognized in the books of account in this regard, based on an external expert opinion obtained by the management. The total amount of Z2,246.58 lakhs (including existing demand of Z 601 Lakhs) related to this matter has been disclosed as a contingent liability.

   Our opinion is not modified in respect of this matter.

6. The accompanying statement of consolidated unaudited financial results includes unaudited interim financial results and other unaudited financial information in respect of subsidiary which have been reviewed by their auditors whose interim financial results reflects total revenues of Rs.10.93 lakhs, total net loss after tax and total comprehensive income of Rs.22.76 lakhs for the quarter ended June 30, 2025 as considered in the consolidated unaudited financial results. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiary is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

   
   
   

   MAJET1 & CO

   Chartered Accountants

   Continuation Sheet

7. The accompanying statement of consolidated unaudited financial results includes unaudited interim financial results and other unaudited financial information in respect of foreign subsidiary, which have not been reviewed by their auditor, whose interim financial results reflect total revenues of Rs.26.52 Lakhs, total net Profit after tax and total comprehensive Income of Rs.5.26 lakhs for the quarter ended 3une 30, 2025 as considered in the unaudited consolidated financial results. These unaudited financial statements and other unaudited financial information have been approved and furnished to us by the management. Our conclusion, in so far as it relates to the affairs of the subsidiary is based solely on such unaudited financial results and other unaudited financial information. According to the information and explanations given to us by the Management, these interim financial statements are not material to the Group.

Our conclusion on the Statement is not modified in respect of the above matters.

For MAJETI & Co.,

Chartered Accountants

"

Number: 015975

y/ . Firm's Registration

Hyderabad August 12,2025

Kiran umar MaJeti

Partner

membership Number:220354

UDIN: 25220354BMOFYT3245