Confidence Petroleum India reports consolidated net loss of Rs 0.10 crore in the March 2017 quarter

Sales rise 69.74% to Rs 157.55 crore

Net loss of Confidence Petroleum India reported to Rs 0.10 crore in the quarter ended March 2017 as against net profit of Rs 0.01 crore during the previous quarter ended March 2016. Sales rose 69.74% to Rs 157.55 crore in the quarter ended March 2017 as against Rs 92.82 crore during the previous quarter ended March 2016.

For the full year,net profit rose 338.71% to Rs 5.44 crore in the year ended March 2017 as against Rs 1.24 crore during the previous year ended March 2016. Sales rose 40.09% to Rs 496.90 crore in the year ended March 2017 as against Rs 354.69 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales157.5592.82 70 496.90354.69 40 OPM %5.7215.15 -8.319.77 - PBDT6.3311.02 -43 31.1125.09 24 PBT0.090.43 -79 7.931.91 315 NP-0.100.01 PL 5.441.24 339

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