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Confidence Petroleum India consolidated net profit rises 471.05% in the March 2021 quarter

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Capital Market

Sales rise 27.71% to Rs 338.09 crore

Net profit of Confidence Petroleum India rose 471.05% to Rs 26.04 crore in the quarter ended March 2021 as against Rs 4.56 crore during the previous quarter ended March 2020. Sales rose 27.71% to Rs 338.09 crore in the quarter ended March 2021 as against Rs 264.73 crore during the previous quarter ended March 2020.

For the full year,net profit declined 6.37% to Rs 49.07 crore in the year ended March 2021 as against Rs 52.41 crore during the previous year ended March 2020. Sales declined 19.92% to Rs 863.10 crore in the year ended March 2021 as against Rs 1077.78 crore during the previous year ended March 2020.

 
ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales338.09264.73 28 863.101077.78 -20 OPM %14.978.14 -14.0211.75 - PBDT48.5619.32 151 115.22119.30 -3 PBT33.925.19 554 63.0368.09 -7 NP26.044.56 471 49.0752.41 -6

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First Published: May 29 2021 | 7:31 AM IST

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