ABAN2024-10-012024-12-31 ABAN2024-10-012024-12-31 ABAN2024-10-012024-12-31in-bse-fin:OneOperatingExpenses01Member ABAN2024-10-012024-12-31in-bse-fin:OneOperatingExpenses02Member ABAN2024-10-012024-12-31in-bse-fin:OneOperatingExpenses03Member ABAN2024-10-012024-12-31in-bse-fin:FourOperatingExpenses01Member ABAN2024-10-012024-12-31in-bse-fin:FourOperatingExpenses02Member ABAN2024-10-012024-12-31in-bse-fin:FourOperatingExpenses03Member ABAN2024-12-31 iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 523204 ABAN NA Aban Offshore Limited Equity 2024-04-01 2025-03-31 2025-02-11 2025-02-03 INR Millions Third quarter 11:30:00 14:05:00 2025-02-11 2025-02-11 Not applicable Single segment DRILLING SERVICES 2024-10-01 2024-12-31 Unaudited Consolidated 1163120000.00 40520000.00 1203640000.00 92010000.00 0.00 0.00 186830000.00 2794240000.00 72020000.00 756570000.00 3901670000.00 -2698030000.00 0.00 -2698030000.00 57040000.00 9950000.00 66990000.00 0.00 -2765020000.00 0.00 0.00 0.00 -460000.00 -2765480000.00 -5072500000.00 -7837980000.00 0.00 0.00 0.00 0.00 116730000.00 2 -47.39 -47.39 0.00 0.00 -47.39 -47.39 The unaudited Consolidated financial results were reviewed and recommended by the Audit Committee and were approved by the Board of Directors at their meeting held on 11th February 2025. (ii) 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 principles and policies to the extent applicable. (iii) The Group operates in only one business segment i.e. Offshore Drilling. (iv) The Consolidated financial results have been subjected to limited review by the statutory auditors of the Company. (v) The Company and its foreign subsidiaries have defaulted on payment of their borrowings which have fallen due and have breached the covenants of their borrowings which give the lenders the right to demand the related borrowings be due and payable immediately. As of the date of this results, the Company is in discussions with its lenders to obtain approval for and implementation of an appropriate debt resolution plan. However, the Company will continue to be in operation in the foreseeable future. The Management believes that the use of the going concern assumption on the preparation of the unaudited consolidated financial results of the Company for the nine months period ended 31 December 2024 is still appropriate after taking into consideration of the above actions and measures. (vi) Clause 52 (6) of LODR disclosure – The Company hasn’t redeemed its non-convertible redeemable preference shares on due dates and paid no dividend. Clause 52 (6) of LODR disclosure – The Company hasn’t redeemed its non-convertible redeemable preference shares amounting to INR 2,810 million on due dates and paid no dividend. (vii) The Standalone Financial results are as under: Particulars Quarter ended Quarter ended Quarter ended Nine Months Ended Nine MonthsEnded Year ended 31.12.2024 30.09.2024 31.12.2023 31.12.2024 31.12.2023 31.03.2024 (Unaudited) (Unaudited) (Unaudited) (UnAudited) (Unaudited) (Audited) Total Income 370.05 1,977.21 222.41 2,805.60 681.07 1,004.20 Profit / (Loss) -24.99 1,635.28 -815.36 1,670.92 -2,028.43 -2,792.16 before tax Total comprehensive (Loss) / -34.94 1,640.59 -821.60 1,663.01 -2,066.03 -2,830.18 Income for the period. (Vii) The Standalone financial results of the Company for the aforesaid period can be viewed on its website at www.abanoffshore.com Single segment 2024-04-01 2024-12-31 Unaudited Consolidated 3599420000.00 1871670000.00 5471090000.00 269640000.00 0.00 0.00 569770000.00 8299430000.00 333270000.00 2107920000.00 11580030000.00 -6108940000.00 0.00 -6108940000.00 176920000.00 7910000.00 184830000.00 0.00 -6293770000.00 0.00 0.00 0.00 -1460000.00 -6295230000.00 -6283950000.00 -12579180000.00 0.00 0.00 0.00 0.00 116730000.00 2 -107.87 -107.87 0.00 0.00 -107.87 -107.87 AMORTISATION OF CONTRACT ASSETS 201250000.00 INVENTORY WRITTEN DOWN 0.00 OTHER EXPENDITURE 555320000.00 AMORTISATION OF CONTRACT ASSETS 597460000.00 INVENTORY WRITTEN DOWN 54300000.00 OTHER EXPENDITURE 1456160000.00