Confidence Petroleum India standalone net profit declines 46.32% in the March 2017 quarter

Sales rise 76.44% to Rs 160.14 crore

Net profit of Confidence Petroleum India declined 46.32% to Rs 0.51 crore in the quarter ended March 2017 as against Rs 0.95 crore during the previous quarter ended March 2016. Sales rose 76.44% to Rs 160.14 crore in the quarter ended March 2017 as against Rs 90.76 crore during the previous quarter ended March 2016.

For the full year,net profit rose 186.10% to Rs 5.35 crore in the year ended March 2017 as against Rs 1.87 crore during the previous year ended March 2016. Sales rose 38.60% to Rs 485.84 crore in the year ended March 2017 as against Rs 350.53 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales160.1490.76 76 485.84350.53 39 OPM %5.7316.36 -8.269.83 - PBDT6.7811.63 -42 30.1524.98 21 PBT0.701.39 -50 7.642.70 183 NP0.510.95 -46 5.351.87 186

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