Confidence Petroleum India standalone net profit rises 25.00% in the March 2016 quarter

Sales decline 0.59% to Rs 90.76 crore

Net profit of Confidence Petroleum India rose 25.00% to Rs 0.95 crore in the quarter ended March 2016 as against Rs 0.76 crore during the previous quarter ended March 2015. Sales declined 0.59% to Rs 90.76 crore in the quarter ended March 2016 as against Rs 91.30 crore during the previous quarter ended March 2015.

For the full year,net profit reported to Rs 1.87 crore in the year ended March 2016 as against net loss of Rs 23.03 crore during the previous year ended March 2015. Sales rose 31.64% to Rs 350.53 crore in the year ended March 2016 as against Rs 266.28 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales90.7691.30 -1 350.53266.28 32 OPM %16.3613.24 -9.8311.72 - PBDT11.639.45 23 24.9821.63 15 PBT1.39-4.97 LP 2.70-6.63 LP NP0.950.76 25 1.87-23.03 LP

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