Continental Petroleums Q3FY25 results: Net profit grows to Rs 1.41 cr
Operating income on a standalone basis increased to Rs 29.22 crore during the quarter as against Rs 9.16 crore same period last year
)
Earnings per share increased to Rs 2.53, as against Rs 1.33 a year ago. | Photo: Shutterstock
Listen to This Article
Continental Petroleums on Monday posted a net profit of Rs 1.41 crore in the December quarter.
Operating income on a standalone basis increased to Rs 29.22 crore during the quarter as against Rs 9.16 crore same period last year, a company statement said.
According to the statement, Continental Petroleums registered 90.54 per cent growth in standalone net profit to Rs 1.41 crore for the third quarter, up from Rs 0.74 crore same period last year on the back of a steady demand and increased share of high-margin value added products.
Earnings per share increased to Rs 2.53, as against Rs 1.33 a year ago.
Madan Lal Khandelwal, Chairman and Managing director, CPL, said, "Common treatment disposal/incineration facility (CTDF) has substantially contributed to our bottomline while the EPC vertical has significantly contributed to both the topline and bottomline of the company." Continental Petroleums Ltd (CPL) is one of the leading manufacturers of industrial Lubricants & Greases in India.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Feb 10 2025 | 9:35 PM IST
