Confidence Petroleum India consolidated net profit declines 47.89% in the March 2022 quarter

Sales rise 13.44% to Rs 383.54 crore

Net profit of Confidence Petroleum India declined 47.89% to Rs 13.57 crore in the quarter ended March 2022 as against Rs 26.04 crore during the previous quarter ended March 2021. Sales rose 13.44% to Rs 383.54 crore in the quarter ended March 2022 as against Rs 338.09 crore during the previous quarter ended March 2021.

For the full year,net profit rose 79.01% to Rs 87.84 crore in the year ended March 2022 as against Rs 49.07 crore during the previous year ended March 2021. Sales rose 65.41% to Rs 1427.69 crore in the year ended March 2022 as against Rs 863.10 crore during the previous year ended March 2021.

ParticularsQuarter EndedYear EndedMar. 2022Mar. 2021% Var.Mar. 2022Mar. 2021% Var.Sales383.54338.09 13 1427.69863.10 65 OPM %9.7114.97 -13.0314.02 - PBDT38.1748.56 -21 183.12115.22 59 PBT19.4833.92 -43 116.3763.03 85 NP13.5726.04 -48 87.8449.07 79

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