Confidence Petroleum India Limited announced its Q3FY26 quarterly results, reporting consolidated revenue of Rs 1,39,388 lakhs and profit after tax of Rs 2,128 lakhs for the quarter ended December 31, 2025. The Board of Directors approved the unaudited financial results at their meeting held on February 14, 2026.

Financial Performance Overview

The company demonstrated strong performance across both business segments during Q3FY26. The LPG Division contributed significantly to overall revenue growth, while the Cylinder Division maintained steady operations.

Segment-wise Performance

The company operates through two primary business divisions, with the LPG Division being the major revenue contributor.

Nine Months Performance

For the nine months ended December 31, 2025, the company reported consolidated revenue of Rs 3,48,888 lakhs and profit after tax of Rs 6,214 lakhs, compared to Rs 2,22,095 lakhs revenue and Rs 6,353 lakhs profit in the corresponding period last year.

Fund Utilization Compliance

The company also filed its quarterly compliance statement under SEBI Regulation 32, confirming no deviation in fund utilization for funds raised through preferential issue. The company had raised Rs 250.11 crores in February 2024, with total utilization of Rs 194.29 crores across various capital expenditure requirements.

Key Developments

The company incorporated a wholly owned subsidiary, Confidence Green Energy Private Limited, on July 16, 2025. Additionally, the company appointed M/s Kataria & Munot as joint statutory auditors following the resignation of M/s L N J & Associates in December 2025.

The financial results were signed by Company Secretary Prity Bhabhra and Director & CFO Elesh Khara, confirming the company's continued operational performance and regulatory compliance.

Confidence Petroleum India Limited has announced key board decisions following its meeting held on February 04, 2026, at the company's corporate office. The board approved several important appointments and scheduled an Extra-Ordinary General Meeting to seek shareholder approval for these changes.

Director Appointments

The board has appointed two new directors to strengthen its leadership structure. Mrs. Nimisha Rohit Agrawal (DIN-11442309) has been appointed as a Non-Executive Independent Additional Director, while Mr. Prasad Manjarkhede (DIN-11521864) joins as a Non-Executive Non-Independent Additional Director.

Mrs. Agrawal brings significant expertise as a qualified Chartered Accountant engaged in full-time practice. She holds an MBA and B.Com degree and is registered as a Registered Valuer for securities. Her extensive experience covers internal controls and matters under the Companies Act. Mr. Manjarkhede contributes an MBA in marketing with over 10 years of notable experience in marketing products and services.

Joint Statutory Auditor Appointment

The board has appointed M/s. Katariya and Munot, Chartered Accountants Pune (FRN-128438W), as Joint Statutory Auditor to fill a casual vacancy. The appointment will remain effective until the conclusion of the 42nd Annual General Meeting for Financial Year 2026-27, subject to member approval.

The firm comprises eminent partners and well-qualified professionals with expertise spanning taxation, accounting, outsourcing, transaction advisory, risk advisory services, financial advisory, project management, statutory audit, and operations.

Extra-Ordinary General Meeting Details

Shareholders will convene for an Extra-Ordinary General Meeting on Friday, February 27, 2026, at 1:00 PM through Video Conferencing and Other Audio-Visual Means. The company has arranged comprehensive voting facilities to ensure maximum shareholder participation.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 of SEBI (LODR) Regulations, 2015, as amended, and SEBI master circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Electronic voting facilities through NSDL's platform will be available to all members holding shares in physical or demat mode as of the cut-off date. The board meeting commenced at 5:30 PM and concluded at 6:45 PM on February 04, 2026.