Confidence Petroleum India reports net profit of Rs 1.34 crore in the March 2013 quarter

Net profit of Confidence Petroleum India reported to Rs 1.34 crore in the quarter ended March 2013 as against net loss of Rs 2.87 crore during the previous quarter ended March 2012. Sales declined 37.41% to Rs 53.72 crore in the quarter ended March 2013 as against Rs 85.83 crore during the previous quarter ended March 2012.

For the Audited full year,net profit declined 33.76% to Rs 2.06 crore in the year ended March 2013 as against Rs 3.11 crore during the previous year ended March 2012. Sales declined 30.53% to Rs 278.20 crore in the year ended March 2013 as against Rs 400.44 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales53.7285.83 -37 278.20400.44 -31 OPM %19.435.98 225 14.1710.02 41 PBDT8.032.29 251 27.1826.22 4 PBT2.11-4.44 LP 3.094.46 -31 NP1.34-2.87 LP 2.063.11 -34

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