Categories AlphaGraphs, Earnings

Confidence Petroleum India Ltd Q2FY24; 24% rise in Profits

Confidence Petroleum India Ltd is engaged in manufacturing of LPG cylinders and is also a supplier of auto LPG in India with its network of bottling plants and Auto LPG dispensing stations across India. It also supplies packed LPG cylinders and is also engaged in LPG bottling catering to industrial and commercial customers.

Financial Results:

Confidence Petroleum India Ltd reported Revenues for Q2FY24 of ₹639.00 Crores up from ₹461.00 Crore year on year, a rise of 38.61%.

Total Expenses for Q2FY24 of ₹597.00 Crores up from ₹432.00 Crores year on year, a rise of 38.19%.

Consolidated Net Profit of ₹31.00 Crores up 24.0% from ₹25.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.13, up 32.94% from ₹0.85 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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