Confidence Petroleum Q1 FY27 Revenue Surges 117% YoY to ₹2,408 Crore, PAT Triples
Confidence Petroleum India Limited reported a strong Q1 FY27 with consolidated revenue at ₹2,408 crore, up 117% YoY. PAT tripled to ₹62.60 crore. Growth was driven by LPG business volume. The company is expanding its LPG and CNG infrastructure, with Type 4 cylinder manufacturing plant nearing operational readiness.
The announcement details a substantial increase in revenue and profit, driven by core business growth and strategic infrastructure development, which is likely to have a significant positive impact on investor sentiment and the company's market position.
The company reported significantly improved financial results with substantial year-on-year growth in revenue, EBITDA, and PAT, indicating a strong operational performance and positive business outlook.
Confidence Petroleum India Limited announced its Q1 FY27 financial results for the quarter ended June 30, 2026, reporting a significant surge in performance.
On a consolidated basis, revenue from operations reached approximately ₹2,408 crore, marking a substantial 117% increase year-on-year from ₹1,112 crore in Q1 FY26. Sequentially, revenue grew by 98% from ₹1,216 crore in Q4 FY26. EBITDA for the quarter stood at approximately ₹147 crore, up 64% year-on-year and 45% sequentially. Profit After Tax (PAT) more than tripled year-on-year to approximately ₹62.60 crore, compared to ₹20.5 crore in the corresponding quarter last year, and grew by 82% over the preceding quarter. Basic EPS on a consolidated basis was ₹1.86.
The company highlighted that this strong performance was primarily driven by robust volume growth across its LPG businesses. Management expressed confidence in sustaining this positive momentum, attributing it to strong business fundamentals, expanding operations, and a focused growth strategy within India's rapidly growing LPG market. The company detailed its integrated energy ecosystem, covering the entire LPG value chain, and highlighted its extensive infrastructure including bottling plants, road tankers, dealers, Auto LPG dispensing stations, and CNG network.
Discussions during the conference call also covered the status of the Type 4 high-pressure cylinder manufacturing unit, expected to become operational within 1-2 months, and expansion plans for CNG and Auto LPG stations. The company also addressed past income tax searches, assuring transparency and no significant financial impact anticipated.
A plain-language summary of a public exchange filing by Confidence Petroleum India Limited. Read the original for the full detail.