Confidence Petroleum India reported results for second quarter ended September 30, 2022.
The company has reported fall of 24.98% in its net profit at Rs 22.13 crore for Q2FY23 as compared to Rs 29.50 crore for the corresponding quarter previous year. However, total income of the company increased by 18.67% to Rs 440.14 crore for the quarter under review as compared to Rs 370.89 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported fall of 29.59% in its net profit at Rs 24.51 crore for the quarter under review as compared to Rs 34.81 crore for the same quarter in the previous year. However, total income of the company increased by 7.82% to Rs 462.15 crore for the quarter under review as compared to Rs 428.63 crore for the same quarter in the previous year.
