** Shares of Australia's Karoon Energy KAR.AX fall as much as 4.6% to A$1.56, post their biggest intraday pct drop in two weeks

** Stock touches lowest level since February 18

** Oil and gas explorer posts FY net profit after tax (NPAT) attributable of $125.5 million, down 2% from last year

** Logs FY revenue of $628.6 million, down 19% from last year

** Declares final dividend of 3.1 Australian cents/share, down from 5 Australian cents/share in previous year

** Expects 2026 Who Dat oilfield production to be towards lower end of 2.1 – 2.5 million barrels of oil equivalent (MMboe) forecast range

** KAR up 3.7% YTD

(Reporting by Aamir Shaik Khalid in Bengaluru)

((Aamir.SheikKhalid@thomsonreuters.com;))