Confidence Futuristic Energetech Limited reported mixed Q1 financial results. Standalone revenue increased to Rs 97.64 crore from Rs 10.50 crore, but net profit decreased to Rs 56.63 crore from Rs 66.37 crore year-over-year. Consolidated revenue fell 23.20% to Rs 409.78 crore, with net profit declining 70.81% to Rs 2.30 crore. The CNG Cylinder Division generated Rs 400.02 crore in revenue, while the LPG Division contributed Rs 9.76 crore. The Board recommended a final dividend of 5% (Rs 0.25 per equity share), subject to shareholder approval.
23Jun 25
Confidence Futuristic Energetech Subsidiary Lands ₹324.5 Crore Order
A subsidiary of Confidence Futuristic Energetech Limited has been awarded an order worth ₹324.5 crore. This order value is approximately 1.66 times the company's current market capitalization of ₹195.00 crore. The nature of the order and the client remain undisclosed. This development could potentially have a significant impact on the company's future revenue and financial performance.
22May 25
Confidence Futuristic Energetech's Subsidiary Lands ₹32.45 Crore Cascade Supply Order
A subsidiary of Confidence Futuristic Energetech Limited has won a ₹32.45 crore order for supplying cascades to a prominent client. The order value represents about 15% of the company's current market capitalization of ₹217.00 crore. This development signals potential growth in the energy infrastructure sector and could significantly impact the company's financial performance.