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Confidence Petroleum - Quaterly Results

11 Nov 2023 Evaluate
A decent increase of about 36.59% in the sales to Rs. 6000.20 millions was observed for the quarter ended September 2023. The sales figure stood at Rs. 4393.00 millions during the year-ago period.A comparatively good net profit growth of 35.97% to Rs. 300.90 millions was reported for the quarter ended September 2023 compared to Rs. 221.30 millions of previous same quarter.Operating profit for the quarter ended September 2023 rose to 858.10 millions as compared to 508.60 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 6000.20 4393.00 36.59 14033.80 7704.10 82.16 20481.00 12779.70 60.26
Other Income 43.30 8.40 415.48 47.30 12.20 287.70 57.30 67.70 -15.36
PBIDT 858.10 508.60 68.72 1507.60 852.50 76.84 1981.50 1758.80 12.66
Interest 182.40 52.80 245.45 233.70 69.00 238.70 150.30 64.30 133.75
PBDT 675.70 455.80 48.24 1273.90 783.50 62.59 1831.20 1694.50 8.07
Depreciation 214.50 156.10 37.41 427.00 310.30 37.61 712.80 618.40 15.27
PBT 461.20 299.70 53.89 846.90 473.20 78.97 1118.40 1076.10 3.93
TAX 160.30 78.40 104.46 255.90 123.80 106.70 301.20 269.10 11.93
Deferred Tax 16.30 22.40 -27.23 18.90 -29.70 -163.64 39.50 -43.70 -190.39
PAT 300.90 221.30 35.97 591.00 349.40 69.15 817.20 807.00 1.26
Equity 284.90 284.00 0.32 284.90 284.00 0.32 284.00 284.00 0.00
PBIDTM(%) 14.30 11.58 23.53 10.74 11.07 -2.92 9.67 13.76 -29.70
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