Confidence Petroleum India standalone net profit declines 60.42% in the March 2015 quarter

Sales rise 54.20% to Rs 91.30 crore

Net profit of Confidence Petroleum India declined 60.42% to Rs 0.76 crore in the quarter ended March 2015 as against Rs 1.92 crore during the previous quarter ended March 2014. Sales rose 54.20% to Rs 91.30 crore in the quarter ended March 2015 as against Rs 59.21 crore during the previous quarter ended March 2014.

For the full year,net loss reported to Rs 23.03 crore in the year ended March 2015 as against net profit of Rs 2.08 crore during the previous year ended March 2014. Sales rose 12.42% to Rs 266.28 crore in the year ended March 2015 as against Rs 236.87 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales91.3059.21 54 266.28236.87 12 OPM %13.2419.02 -11.7215.44 - PBDT9.459.43 0 21.6325.00 -13 PBT-4.972.89 PL -6.633.12 PL NP0.761.92 -60 -23.032.08 PL

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