Confidence Petroleum India's Q1 FY 2025-26 Quarterly Results

Result Summary

• Confidence Petroleum India Ltd reported a 77.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 42.9%.
• Its expenses for the quarter were up by 77.8% QoQ and 43.1% YoY.
• The net profit increased 46.8% QoQ and increased 32.4% YoY.
• The earnings per share (EPS) of Confidence Petroleum India Ltd stood at 0.6 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Confidence Petroleum India Ltd is a company that operates primarily within the energy sector, focusing on products and services related to liquefied petroleum gas (LPG). The company's operations include LPG bottling, manufacturing LPG cylinders, and providing auto LPG dispensing stations across India. They are known for their brand 'GoGas,' which caters to domestic, commercial, and industrial LPG needs. As of the latest available data up to October 2023, there have been no recent major developments publicly disclosed about the company. However, the company's strategic focus remains on expanding its LPG infrastructure and enhancing its market presence in the growing energy sector of India.

Revenue

In the first quarter of the fiscal year 2026 (Q1FY26), Confidence Petroleum India Ltd reported a total income of ₹1118.58 crores. This represents a significant increase of 77.1% compared to the previous quarter (Q4FY25), where the total income was ₹631.67 crores. Year-over-year, there was also a substantial increase of 42.9% when compared to the total income of ₹782.68 crores in the first quarter of the fiscal year 2025 (Q1FY25). This growth in revenue reflects a notable escalation in the company's income streams over both quarterly and yearly periods, highlighting the company's enhanced performance in generating revenue.

Profitability

The company reported a profit before tax of ₹27.12 crores in Q1FY26, which is an increase of 53.1% from the previous quarter's ₹17.71 crores. Additionally, this represents a year-over-year growth of 36.1% from Q1FY25, where the profit before tax was ₹19.92 crores. The profit after tax for Q1FY26 stood at ₹20.45 crores, marking a 46.8% increase from Q4FY25's ₹13.93 crores, and a 32.4% increase from Q1FY25's ₹15.44 crores. The earnings per share (EPS) doubled from ₹0.30 in Q4FY25 to ₹0.60 in Q1FY26, which is also a 20.0% increase from the ₹0.50 reported in Q1FY25. These metrics indicate that the company has experienced robust profitability growth over both the quarterly and annual timeframes.

Operating Metrics

The operational expenditures for Confidence Petroleum India Ltd, as reflected in the total expenses, amounted to ₹1091.46 crores in Q1FY26. This is a 77.8% increase from ₹613.96 crores incurred in Q4FY25 and a 43.1% increase from ₹762.76 crores in Q1FY25. The tax expenses for the quarter were ₹6.90 crores, showing a 37.5% rise from ₹5.02 crores in Q4FY25 and a 32.7% increase from ₹5.20 crores in Q1FY25. These figures demonstrate a substantial rise in operating costs and tax expenses over both quarterly and yearly periods, reflecting the company's expanding scale of operations.