CONFIDENCE PETROLEUM INDIA LTD.
REG OFF: 701, Shivai Plaza Premises Chs Ltd, Plot No. 79, Marol Industrial Estate,
Nr. Mahalaxmi Hotel, Andheri East, Mumbai, Maharashtra, 400059
Corp. Off: 404, Satyam Apartment, 8 Wardha Road, Nagpur, Maharashtra 440012
Ph. 0712-6606492. | ||||
Email: cs@confidencegroup.co | website: www.confidencegroup.co | |||
CIN: L40200MH1994PLC079766 | ||||
Date :27/05/2022 | ||||
To, | ||||
National Stock Exchange of India Limited | The Bombay Stock Exchange, | |||
Listing Department, | Department of Corporate Services | |||
Exchange Plaza, BandraKurla Complex, | 25th Floor, P.J. Towers, | |||
Bandra (E) Mumbai-400051 | Dalal Street, Mumbai- 400001 |
Sub: Outcome of Board Meeting dated 27th MAY, 2022.
Ref:Regulation 30 & 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015.
Dear Sir/Madam,
With reference to the captioned subject and pursuant to Regulation 30 read with Part A of Schedule III, Regulation 33 and other regulations of the SEBI (Listing Obligations & DisclosureRequirements) 2015, the Board of Directors of the Company at their meeting held on Friaday,27th May, 2022 at 5 P.M. have, inter alia:
- Approved Audited Financial Results (Standalone and Consolidated) for the quarter andyear ended on March 31, 2022.
- Recommended a Final Dividend of 10% i.e 0.10 per equity share on the face value ofRs. 1/ each for the financial year 2021-22 subject to approval of shareholders at theensuing Annual General Meeting.
Pursuant to Regulation 33 (3) (d) of SEBI (Listing Obligations and Disclosure Requirements) Regulations,2015 we confirm that the Statutory Auditors have given Audit Reports with unmodified opinion on theFinancial Results of the Company for the quarter and Year ended on 31st March, 2022.
We request you to take the above on record.
Yours Truly,
For Confidence Petroleum India Limited
NITIN KHARA
DIN:01670977
MANAGING DIRECTOR
Confidence Petroleum India Limited
Quarterly Results Mar-2022
CONFIDENCE PETROLEUM INDIA LIMITED CIN: L40200MH1994PLC079766
Registered office : 701, Shivai Plaza Premises Chs. Ltd, Plot No. 79, Marol Industrial Estate, Near Mahalaxmi Hotel,
Andheri East, Mumbai, Maharashtra, 400059
Statement of Standalone Audited Financial Results for the Quarter and Year Ended 31st March 2022
Rs in Lacs | ||||||||
Quarter ended | Year ended | |||||||
PARTICULARS | ||||||||
31.03.2022 | 31.12.2021 | 31.03.2021 | 31.03.2022 | 31.03.2021 | ||||
Un- | ||||||||
Audited | Audited | Audited | Audited | Audited | ||||
I | Revenue from operations | 32461 | 37615 | 30943 | 127797 | 77998 | ||
II | Other income | 499 | 84 | 23 | 677 | 162 | ||
III | Total Revenue (I + II) | 32959 | 37699 | 30965 | 128473 | 78160 | ||
IV | Expenses: | |||||||
a) consumption of Raw Material | 3876 | 8263 | 3335 | 24522 | 7683 | |||
b) Purchase of stock- in- trade | 18988 | 22599 | 20850 | 74292 | 50462 | |||
C) (Increase)/Decrease in stock in | ||||||||
trade and work in progress | 2858 | (815) | (1177) | (166) | (741) | |||
d) Employee benefits expense | 1157 | 1081 | 814 | 4126 | 2981 | |||
e) Finance costs | 203 | 187 | 163 | 643 | 690 | |||
f) Depreciation & Amortization | ||||||||
expense | 1770 | 1519 | 1401 | 6184 | 5004 | |||
g) Other expenses | 2687 | 1963 | 2193 | 8112 | 5979 | |||
Total expenses | 315540 | 34796 | 27578 | 117713 | 72058 | |||
V | Profit before exceptional and | 1420 | 2903 | 3387 | 10761 | 6102 | ||
tax (III - IV) | ||||||||
Exceptional items - (Expenses) / | ||||||||
VI | Income | - | - | - | - | - | ||
VII | Profit before tax (V- VI) | 1420 | 2903 | 3387 | 10761 | 6102 | ||
VIII | Tax expense: | |||||||
(1) Current tax | 583 | 809 | 1036 | 3127 | 1680 | |||
(2) Deferred tax Charges / (Credit) | (228) | (83) | (189) | (437) | (154) | |||
Total Tax Expenses | 355 | 726 | 847 | 2690 | 1525 | |||
IX | Profit (Loss) for the period from | 1065 | 2177 | 2540 | 8070 | 4576 | ||
continuing operations (VII-VIII) | ||||||||
Profit/(loss) from discontinuing | ||||||||
X | operations | - | - | - | - | - | ||
Tax expense of discontinuing | ||||||||
XI | operations | - | - | - | - | - | ||
XII | Profit/(loss) from Discontinuing | |||||||
operations (after tax) (X-XI) | - | - | - | - | - | |||
Share of profit (loss) of associates | ||||||||
XIII | and joint ventures accounted for | - | - | - | - | - | ||
using equity method | ||||||||
Profit (Loss) for the period (IX + | 1065 | 2177 | 2540 | 8070 | 4576 | |||
XIV | XII+XIII) | |||||||
Other comprehensive income net | ||||||||
of taxes | - | - | - | - | - | |||
Total Comprehensive Income for | ||||||||
the period | - | - | - | - | - | |||
Paid-up equity share capital (face | 2840 | 2840 | 2840 | 2840 | 2840 | |||
XV | value ~ 10 per share) | |||||||
XVI | Other equity | 54120 | 47366 | |||||
Earnings per equity share: Face | ||||||||
XVII | Value Rs.10 each | |||||||
(annualised except for quarters) | ||||||||
(1) BASIC (RS.) | 0.37 | 0.77 | 0.89 | 2.84 | 1.61 | |||
(2) DILUTED (RS.) | 0.37 | 0.77 | 0.89 | 2.84 | 1.61 |
Place: Nagpur
Date: 27-05-2022
Confidence Petroleum India Limited
Quarterly Results Mar-2022
CONFIDENCE PETROLEUM INDIA LIMITED
CIN: L40200MH1994PLC079766
Registered office : 701, Shivai Plaza Premises Chs. Ltd, Plot No. 79, Marol Industrial Estate, Near
Mahalaxmi Hotel, Andheri East, Mumbai, Maharashtra, 400059
Statement of Consolidated Audited Financial Results for the Quarter and Year Ended 31st March 2022
Rs. in Lacs | ||||||||
Quarter ended | Year ended | |||||||
PARTICULARS | ||||||||
31.03.2022 | 31.12.2021 | 31.03.2021 | 31.03.2022 | 31.03.2021 | ||||
Un- | ||||||||
Audited | Audited | Audited | Audited | Audited | ||||
I | Revenue from operations | 38354 | 39403 | 33809 | 142769 | 86310 | ||
II | Other income | 411 | 127 | 36 | 640 | 283 | ||
III | Total Revenue (I + II) | 38765 | 39530 | 33845 | 143410 | 86593 | ||
IV | Expenses: | |||||||
a) consumption of Raw Material | 9281 | 11086 | 6364 | 38284 | 14782 | |||
b) Purchase of stock- in- trade | 19003 | 21814 | 20377 | 74247 | 50045 | |||
C) (Increase)/Decrease in stock in | ||||||||
trade and work in progress | 2138 | (1956) | (1270) | (2626) | (761) | |||
d) Employee benefits expense | 1315 | 1285 | 947 | 4723 | 3441 | |||
e) Finance costs | 319 | 260 | 241 | 929 | 861 | |||
f) Depreciation & Amortization | ||||||||
expense | 1869 | 1695 | 1464 | 6675 | 5219 | |||
g) Other expenses | 2891 | 2274 | 2330 | 9540 | 6701 | |||
Total expenses | 36817 | 36458 | 30453 | 131772 | 80289 | |||
V | Profit before exceptional and | 1947 | 3073 | 3392 | 11638 | 6303 | ||
tax (III - IV) | ||||||||
Exceptional items - (Expenses) / | - | - | - | - | - | |||
VI | Income | |||||||
VII | Profit before tax (V- VI) | 1947 | 3073 | 3392 | 11638 | 6303 | ||
VIII | Tax expense: | |||||||
(1) Current tax | 703 | 820 | 1052 | 3300 | 1711 | |||
(2) Deferred tax Charges / (Credit) | (214) | (83) | (187) | (419) | (152) | |||
Total Tax Expenses | 489 | 737 | 865 | 2881 | 1559 | |||
IX | Profit (Loss) for the period from | 1459 | 2336 | 2527 | 8756 | 4744 | ||
continuing operations (VII-VIII) | ||||||||
Profit/(loss) from discontinuing | - | - | - | - | - | |||
X | operations | |||||||
Tax expense of discontinuing | - | - | - | - | - | |||
XI | operations | |||||||
XII | Profit/(loss) from Discontinuing | - | - | - | - | - | ||
operations (after tax) (XII-XIII) | ||||||||
Share of profit (loss) of associates | ||||||||
XIII | and joint ventures accounted for | (4) | 22 | 78 | 218 | 203 | ||
using equity method | ||||||||
Profit (Loss) for the period (IX + | 1455 | 2358 | 2605 | 8974 | 4947 | |||
XIV | XII+XIII) | |||||||
Other comprehensive income net | - | - | - | - | - | |||
of taxes | ||||||||
Total Comprehensive Income for | ||||||||
the period | ||||||||
-Profit or loss, attributable to | 1357 | 2303 | 2604 | 8784 | 4907 | |||
owners of parent | ||||||||
-Total profit or loss, attributable to | 98 | 55 | 1 | 190 | 40 | |||
non-controlling interests | ||||||||
Paid-up equity share capital (face | 2840 | 2840 | 2840 | 2840 | 2840 | |||
XV | value ~ 10 per share) | |||||||
XVI | Other equity | 65572 | 49451 | |||||
Earnings per equity share: Face | ||||||||
XVII | Value Rs.10 each | |||||||
(annualised except for quarters) | ||||||||
(1) BASIC (RS.) | 0.48 | 0.81 | 0.92 | 3.16 | 1.74 | |||
(2) DILUTED (RS.) | 0.48 | 0.81 | 0.92 | 3.16 | 1.73 |
Place: Nagpur
Date: 27-05-2022
Confidence Petroleum India Limited
Quarterly Results Mar-2022
CONFIDENCE PETROLEUM INDIA LIMITED
CIN: L40200MH1994PLC079766
SEGMENTWISE REPORT FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2022
CONSOLIDATED
Rs. In Lacs | |||||
Quarter ended | Year ended | ||||
PARTICULARS | 31.03.2022 | 31.12.2021 | 31.03.2021 | 31.03.2022 | 31.03.2021 |
Audited | Un-Audited | Audited | Audited | Audited | |
REVENUE | |||||
- Cylinder Division | 11262 | 6263 | 6579 | 38232 | 17796 |
- LPG Division | 27092 | 33140 | 27230 | 104538 | 68514 |
38354 | 39403 | 33809 | 142769 | 86310 | |
SEGMENT WISE | |||||
RESULT | |||||
- Cylinder Division | 860 | 443 | 399 | 2769 | 932 |
- LPG Division | 2865 | 4457 | 4661 | 15832 | 11169 |
3724 | 4900 | 5061 | 18601 | 12101 | |
a. Less : Depreciation | (1869) | (1695) | (1464) | (6675) | (5219) |
b. Less : Finance Cost | (319) | (260) | (241) | (929) | (861) |
c. Add : Other Income | 411 | 127 | 36 | 640 | 283 |
Profit Before Tax | 1947 | 3073 | 3392 | 11638 | 6303 |
Tax expense: | |||||
(1) Current tax | 703 | 820 | 1052 | 3300 | 1711 |
(2) Deferred tax Charges / | |||||
(Credit) | (214) | (83) | (187) | (419) | (152) |
Total Tax Expenses | 489 | 737 | 865 | 2881 | 1559 |
Profit After Tax | 1459 | 2336 | 2527 | 8756 | 4744 |
d. Add : Share of Profit | |||||
and Loss from Associate | |||||
and Joint Venture | (4) | 22 | 78 | 218 | 203 |
Profit After Tax incl profit | |||||
from Joint Venture | 1455 | 2358 | 2605 | 8974 | 4947 |
Segment Asset | |||||
- Cylinder Division | 33867 | 37637 | 29190 | 33867 | 29190 |
- LPG Division | 71177 | 60164 | 49700 | 71177 | 49700 |
105045 | 97801 | 78890 | 105045 | 78890 | |
Less - Segment | |||||
Liability | |||||
- Cylinder Division | 15036 | 19710 | 13126 | 15036 | 13126 |
- LPG Division | 12736 | 15372 | 10338 | 12736 | 10338 |
27772 | 35082 | 23464 | 27772 | 23464 |
Confidence Petroleum India Limited
Quarterly Results Mar-2022
CONFIDENCE PETROLEUM INDIA LIMITED
CIN: L40200MH1994PLC079766
SEGMENTWISE REPORT FOR THE QUARTER AND YEAR ENDED 31ST MARCH 2022
STANDALONE
Rs. In Lacs | |||||
Quarter ended | Year ended | ||||
PARTICULARS | 31.03.2022 | 31.12.2021 | 31.03.2021 | 31.03.2022 | 31.03.2021 |
Audited | Un-Audited | Audited | Audited | Audited | |
REVENUE | |||||
- Cylinder Division | 3651 | 3302 | 3658 | 21392 | 9812 |
- LPG Division | 28809 | 34313 | 27285 | 106405 | 68186 |
32461 | 37615 | 30943 | 127797 | 77998 | |
SEGMENT WISE | |||||
RESULT | |||||
- Cylinder Division | 235 | 221 | 270 | 1502 | 637 |
- LPG Division | 2659 | 4304 | 4658 | 15408 | 10997 |
2894 | 4525 | 4928 | 16910 | 11634 | |
a. Less : Depreciation | (1770) | (1519) | (1401) | (6184) | (5004) |
b. Less : Finance Cost | (203) | (187) | (163) | (643) | (690) |
c. Add : Other Income | 499 | 84 | 23 | 677 | 162 |
Profit Before Tax | 1420 | 2903 | 3387 | 10761 | 6102 |
Tax expense: | |||||
(1) Current tax | 583 | 809 | 1036 | 3127 | 1680 |
(2) Deferred tax Charges / | |||||
(Credit) | (228) | (83) | (189) | (437) | (154) |
Total Tax Expenses | 355 | 726 | 847 | 2690 | 1525 |
Profit After Tax | 1065 | 2177 | 2540 | 8070 | 4576 |
Segment Asset | |||||
- Cylinder Division | 27669 | 27205 | 23697 | 27669 | 23697 |
- LPG Division | 54423 | 52127 | 46610 | 54423 | 46610 |
82093 | 79332 | 70307 | 82093 | 70307 | |
Less - Segment | |||||
Liability | |||||
- Cylinder Division | 14804 | 13485 | 12235 | 14804 | 12235 |
- LPG Division | 8246 | 7585 | 6815 | 8246 | 6815 |
23050 | 21069 | 19050 | 23050 | 19050 |
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Confidence Petroleum India Ltd. published this content on 28 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 May 2022 01:02:16 UTC.