Categories Earnings
Earnings | Confidence Futuristic Energetech Ltd (BSE: 539991): Q4FY23 Results Out; Total Income rises 96% YoY.
Confidence Futuristic Energetech operates in the parallel LPG market through its Pack Cylinder division, trading under the brand name GO GAS ELITE. The company focuses on selling LPG (liquefied petroleum gas) to both domestic and commercial users at competitive rates. With its Pack Cylinder division, Confidence Futuristic Energetech aims to meet the growing demand for LPG by providing reliable and affordable solutions. The company strives to deliver high-quality LPG products and services while maintaining competitive pricing to ensure customer satisfaction.
• Confidence Futuristic Energetech Ltd reported Total Income for Q4 FY23 of ₹49 Crore up from ₹25 Crore year on year, a growth of 96%.
• Total Expenses for Q4 FY23 of ₹45 Crore up from ₹24 Crore year on year, a growth of 87%.
• Consolidated Net Profit of ₹3 Crore, up 100% from ₹1.5 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹1.60, up 125% from ₹0.71 in the same quarter of the previous year.
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