Confidence Petroleum India reports consolidated net profit of Rs 6.75 crore in the March 2018 quarter

Sales rise 17.24% to Rs 184.71 crore

Net profit of Confidence Petroleum India reported to Rs 6.75 crore in the quarter ended March 2018 as against net loss of Rs 0.38 crore during the previous quarter ended March 2017. Sales rose 17.24% to Rs 184.71 crore in the quarter ended March 2018 as against Rs 157.55 crore during the previous quarter ended March 2017.

For the full year,net profit rose 434.26% to Rs 26.82 crore in the year ended March 2018 as against Rs 5.02 crore during the previous year ended March 2017. Sales rose 22.11% to Rs 606.75 crore in the year ended March 2018 as against Rs 496.90 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales184.71157.55 17 606.75496.90 22 OPM %11.095.71 -11.708.30 - PBDT18.963.27 480 62.0918.86 229 PBT12.85-0.14 LP 37.596.90 445 NP6.75-0.38 LP 26.825.02 434

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