CONFIDENCE PETROLEUM INDIA Q3 FY24 Results

CONFIDENCE PETROLEUM INDIA has released its financial results for the Q3 quarter of Financial Year 23-2024. Here's a comprehensive breakdown of the company's performance:

Revenue Analysis

• Current Quarter Revenue: Rs. 554.29 Cr
• Quarter-on-Quarter (QoQ) Change: -13.19% (Previous Quarter: Rs. 638.52 Cr )
• Year-on-Year (YoY) Change: -23.01% (Same Quarter Last Year: Rs. 719.99 Cr )

Profitability Metrics

• Net Profit: Rs. 27.44 Cr
• QoQ Profit Change: -10.59% (Previous Quarter: Rs. 30.69 Cr )
• YoY Profit Change: -0.65% (Same Quarter Last Year: Rs. 27.62 Cr )

Shareholder Returns

• Earnings Per Share (EPS): Rs. 0.95
• QoQ EPS Change: -15.93% (Previous Quarter: Rs. 1.13)
• YoY EPS Change: 0.00% (Same Quarter Last Year: Rs. 0.95)

Performance Summary

Challenging

CONFIDENCE PETROLEUM INDIA faced some challenges with declining numbers. Management might need to address these issues.

This analysis provides a snapshot of CONFIDENCE PETROLEUM INDIA's financial performance. Investors and analysts should consider these results in the context of broader market trends and the company's long-term strategy.