Confidence Petroleum India's Q2 FY 2025-26 Quarterly Results
- 2d ago
Result Summary
- Confidence Petroleum India Ltd reported a 11.2% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 31.4%.
- Its expenses for the quarter were down by 11.5% QoQ and up 32.1% YoY.
- The net profit decreased 0.2% QoQ and decreased 6.2% YoY.
- The earnings per share (EPS) of Confidence Petroleum India Ltd stood at 0.62 during Q2 FY 2025-26.
Financial Statments for Q2 FY 2025-26
Total Income | 993.16 | 1118.58 | 755.85 | -11.2% | 31.4% |
Total Expenses | 966.21 | 1091.46 | 731.39 | -11.5% | 32.1% |
Profit Before Tax | 26.95 | 27.12 | 24.46 | -0.6% | 10.2% |
Tax | 6.97 | 6.90 | 3.74 | 1.0% | 86.4% |
Profit After Tax | 20.41 | 20.45 | 21.75 | -0.2% | -6.2% |
Earnings Per Share | 0.62 | 0.61 | 0.53 | 1.6% | 17.0% |
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 notable player in the LPG industry, primarily engaged in the manufacturing, bottling, and distribution of LPG (Liquefied Petroleum Gas) cylinders. The company is known for its extensive network of bottling plants and distribution outlets spread across various regions in India. In recent years, Confidence Petroleum has made strides in expanding its market reach and enhancing its product offerings, focusing on both domestic and commercial LPG segments. As of the latest data, there are no specific recent major developments available for the company. The company operates in a competitive industry where regulatory policies and commodity prices can significantly impact business operations.
Revenue
For the quarter ending Q2FY26, Confidence Petroleum India Ltd reported a total income of ₹993.16 crore, reflecting a decrease of 11.2% compared to the previous quarter, Q1FY26, where the total income was ₹1118.58 crore. However, when analyzed on a year-over-year basis, there was a notable increase of 31.4% from the same quarter last year (Q2FY25), which had a total income of ₹755.85 crore. This indicates a substantial year-over-year growth in revenue despite the quarter-over-quarter decline. The revenue trends reflect the company's performance amidst varying economic conditions over the last year.
Profitability
The Profit Before Tax (PBT) for Q2FY26 stood at ₹26.95 crore, showing a slight decline of 0.6% from the previous quarter (Q1FY26) where it was ₹27.12 crore. On a year-over-year comparison, there was an increase of 10.2% from Q2FY25, which recorded a PBT of ₹24.46 crore. The tax expense for Q2FY26 was ₹6.97 crore, slightly higher by 1.0% from Q1FY26's ₹6.90 crore, and significantly higher by 86.4% compared to Q2FY25's tax of ₹3.74 crore. Consequently, the Profit After Tax (PAT) for Q2FY26 was ₹20.41 crore, slightly lower by 0.2% from Q1FY26's PAT of ₹20.45 crore, and a decrease of 6.2% on a year-over-year basis from Q2FY25's PAT of ₹21.75 crore, reflecting changes in profitability margins.
Operating Metrics
The Earnings Per Share (EPS) for Q2FY26 was recorded at ₹0.62, which represents a 1.6% increase from the previous quarter's Q1FY26 EPS of ₹0.61 and a significant year-over-year improvement of 17.0% from Q2FY25's EPS of ₹0.53. This suggests that despite fluctuations in profit margins, the company has managed to improve its earnings per share over the year. Total expenses for Q2FY26 were ₹966.21 crore, a reduction of 11.5% from Q1FY26's total expenses of ₹1091.46 crore but an increase of 32.1% from Q2FY25's expenses of ₹731.39 crore. This cost management reflects operational adjustments in response to revenue changes. The figures provided indicate the company's strategic financial management and operational efficiency adjustments over the given periods.