Alphageo India : Q3-Oct -Dec 2025-26 - Consolidated

¥lLPIJd G8Z (INDB) LIMITED

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

E-mail: [email protected], Website: https://www.aIphageoindia.com

Statement of Unaudited consolidated financial results for the quarter and nine months ended 3lst December, 2025

CIN : L74210TG1987PLC007580, Regd. Office : 802, 3abukhan Estate, Basheerbagh, Hyderabad - 500 001, INDIA

Notes:

The statement of unaudited consolidated financial results has been reviewed by the audit committee and approved by the Board of Directors at its meeting held on February 11, 2026. The statutory auditors of the company have carried out a limited 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 Requirements) Regulation, 2015 as amended.

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

3. 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 1nd AS 108 "Operating Segments".

4. During the Financial Year 2021-22 the company has received a demand notice of Rs.601 Lakhs from Income tax department, which is shown under contingent liability. 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. Company is not foreseeing any provision currently for the above based on external expert opinion obtained.

5. During the financial year 2022-23 Directorate of Enforcement had provisionally seized the fixed deposits amounting 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 . The Company and its chairman& Managing director has received a Show Cause Notice on 03rd February, 2026 from the Directorate of Enforcement in the same matter and the Company is in the process of replying the same as per time lines.

6. The abstract of Financial Results 'on Standalone basis is given below: (All amount in lakhs except as stated)

   PARTICULARS	Quarter Ended			Nine months ended		Year ended
   	31.12.2025	30.09.2025	31.12.2024	31.12.2025	31.12.2024	31.03.2025
   	Unaudited	Unaudited	Unaudited	Unaudited	Unaudited	Audited
   Total revenue from operations Profit /(Loss) 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	1683.73 (782.11] (584.44) (1.69) (S86.13)	520.47 (753.07j (574.82) (1.69) (576.51)	1115.80 (970.62) (779.35) 1.41 (777.94	6288.48 t1429.21) t+ 067.54) (5.07) (1072.61)	4854.85 (518.69) (312.36) 4.26 (308.10)	9096.27 (1012.72) (763.30) (6.76) (770.06)

7. The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes viz the Code on Wages, 2019, the Code on Social Security, 2020, the Industrial Relations Code, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the "Codes"). The Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulations. The impact of these changes, assessed by the Company, on the basis of the information available, consistent with the guidance provided by the Institute of Chartered Accountants of India, is not material. Once Central/ State Rules are notified by the Government on all aspects of the Codes, the Company will evaluate impact, if any, on the measurement of employee benefits and would provide appropriate accounting treatment.

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

For ALPHAGEO (lNDiA) LIMITED

HYDERABAD

February 11, 2026

Dinesh AlIa Chairman & Managing Director

MAJETIR CO

Chartered Accountants

INDEPENDENT

AUDITOR'S REVIEW REPORT ON THE QUARTERLY UNAUDITED AND

YEAR TO DATE CONSOLIDATED FZNANCEAL RESULTS OF THE COI'dPANY PURSUANT

TO THE

REGULATION 33 OF THE SEBZ (LZSTZNG OBLIGATIONS AND DISCLOSURE REQUIRED ENTS) REGULATIONS, 2015, AS A?'fENDED

Review Report to

The Board of Directors

ALPHAGEO {INDIA) Llf IITED

1. 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 December 31, 2025 and for the period from April 01, 2025 to December 31, 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').

2. This Statement, which is the responsibility of the Parent's Management 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.

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. 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/CMD1/44/2019 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.

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

   1. Alphageo Offshore Services Private Ltd (Indian Subsidiary)

   2. Alphageo International Ltd (Foreign Subsidiary)

      -t•jp

      rivate Limited)

      HYD BA "

      H

      h Siri Sampada Apts., I 6-3-347/17, Dwarakapuri Colony I Sai Baba Temple Road, I Punjagutta, Hyderabad - 500 082. @ Off. : +91 -40-2335 8055 I E-mail :[email protected]

      
      
      

   3. Agil Seismic Services Private Limited (Associate company of Alphageo Offshore Services

Ext. 109, Metro Residency I 6-3-1247, Rajbhavan Road I Khairatabad, Hyderabad - 500 0e2 I Telangana, India.

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.

1. Emphasis of matter

   As mentioned in the note no.6 to the statement, during the financial year 2022-23, Directorate of Enforcement had provisionally seized Rs 1601.08 lakhs of fixed deposits under section 4 of Foreign Exchange and Management Act, 1999 (FEMA 1999). As explained in the above said note The Company and its chairman& Managing director has received a Show Cause Notice on 03-february-2026 from the Directorate of Enforcement in the same matter and the Company is in the process of replying the same as per time lines. Currently no provision on account of this matter made in the books of account.

   As mentioned in the note no.5 to the statement, Managing Director also received the tax demand of 71,645 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 regarcl, based on an external expert opinion obtained by the management. The total amount of 72,246.58 lakhs (including existing demand of 7 601 Lakhs) related to this matter has been considered as a contingent liability.

   Our opinion is not modified in respect of these matters.

   
   
   

2. 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 included total assets of Rs. 960.25 Lakhs as at December 31, 2025, and total comprehensive income/(loss} of Rs. (21.80) lakhs and (51.g3) lakhs for the quarter ended December 31, 2025, and for the period April 01, 2G25, to December 31, 2025, respectively as considered in the consolidated unaudited financial results. TLiese interim financial results have been reviewed by another auditor whose reports have been furnished to us by the Management and our conclusion en the Statement, in sc far as it relates to the amounts and disclosures included in respect of these subsi‹Jiaries is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above.

3. The accompanying statement of consolidated unaudited financial results includes unaudited interim financial results and other unaudited financial information in respect of foreig n subsidiary, which have not been reviewed by their auditor, whose interim financial results included Total dsseLs of Rs. 3763.76 lakhs as at December 31, 2025, total revenues of Rs.21.70 Lakhs and 71.02 lakhs, total comprehensive income of Rs.9.53 lakhs and 23.12 lakhs for the quarter ended December 31, 2025, and for the period April 0 1, 2025, to December 31, 2025, respectively 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. OUF 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 PIA3ET1 & Co.,

Chartered Accountants

gy |p Firm's Registration Number: 015975 S

iran umar f'4a eti

Hyderabad

February 11,2026

Partner

Membership Number: 220354