Confidence Petroleum India consolidated net profit declines 75.77% in the March 2020 quarter

Sales decline 7.46% to Rs 264.73 crore

Net profit of Confidence Petroleum India declined 75.77% to Rs 4.56 crore in the quarter ended March 2020 as against Rs 18.82 crore during the previous quarter ended March 2019. Sales declined 7.46% to Rs 264.73 crore in the quarter ended March 2020 as against Rs 286.06 crore during the previous quarter ended March 2019.

For the full year,net profit declined 21.54% to Rs 52.41 crore in the year ended March 2020 as against Rs 66.80 crore during the previous year ended March 2019. Sales rose 7.29% to Rs 1077.78 crore in the year ended March 2020 as against Rs 1004.53 crore during the previous year ended March 2019.

ParticularsQuarter EndedYear EndedMar. 2020Mar. 2019% Var.Mar. 2020Mar. 2019% Var.Sales264.73286.06 -7 1077.781004.53 7 OPM %8.1411.83 -11.7512.59 - PBDT19.3233.40 -42 119.30120.21 -1 PBT5.1923.25 -78 68.0990.42 -25 NP4.5618.82 -76 52.4166.80 -22

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