August 12, 2026: Confidence Petroleum India Limited reported a consolidated net profit of ₹6,255 lakh for the quarter ended June 30, 2026 (Q1FY26), marking a 206% increase from ₹2,045 lakh in Q1FY25.
On a sequential basis, consolidated net profit rose to 619M rupees from 313M in the previous quarter. Consolidated revenue from operations rose 117% year-on-year to ₹24,085.3 million, up from ₹11,119.9 million in the corresponding period, and grew sequentially from 12B rupees in the prior quarter.
The significant growth was attributed to the company's strategic prioritization of bulk supply, which offers higher margins, alongside its mandated PCD supply obligations. This performance came despite subdued activity in the Auto LPG division due to price volatility and supply uncertainties stemming from ongoing conflicts in the Middle East
(Source: Scan X)
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