Confidence Petroleum Share News - Latest Updates, Live News & More

Latest news about Confidence Petroleum

Confidence Petroleum India Reports Strong Q3FY26 Financial Results 8 days ago

Confidence Petroleum India Limited announced strong Q3FY26 financial results with consolidated revenue of Rs 1,39,388 lakhs, representing 99.87% year-on-year growth. The company reported profit after tax of Rs 2,128 lakhs, with the LPG Division contributing Rs 1,32,456 lakhs to total revenue. The company also maintained compliance with fund utilization requirements, having utilized Rs 194.29 crores out of Rs 250.11 crores raised through preferential issue.

Confidence Petroleum India Limited Announces Director Appointments and Schedules EGM for February 27, 2026 Feb 04, 2026

Confidence Petroleum India Limited Announces Resignation of Joint Statutory Auditor L N J & Associates Dec 30, 2025

Confidence Petroleum India Reports Mixed Q2 Results with Improved EBITDA Margin Nov 15, 2025

Income Tax Authorities Conduct Search Operations at Confidence Petroleum Oct 09, 2025

More news about Confidence Petroleum

08Sept 25

Confidence Petroleum India Appoints New Directors, Schedules 31st AGM

Confidence Petroleum India Limited has appointed two new Additional Non-Executive Independent Directors, Mr. Sumit Bansal and Mrs. Richa Kalra, for a five-year term pending shareholder approval. The company's 31st AGM is scheduled for September 30, 2025, via video conferencing. The board also approved the appointment of Secretarial Auditors and Cost Auditors, and the Annual Report.

05Sept 25

Confidence Petroleum India Reports Mixed Q1 FY23 Results

Confidence Petroleum India Limited announced Q1 FY23 results ending June 30, 2022. Standalone revenue increased 60% to ₹33,111.00 lacs, while profit decreased to ₹1,281.00 lacs from ₹1,878.00 lacs year-on-year. Consolidated revenue grew 60% to ₹35,531.00 lacs, but profit fell to ₹1,445.00 lacs from ₹1,682.00 lacs. Standalone EPS was ₹0.45, and consolidated EPS was ₹0.50. The company operates in Cylinder and LPG divisions. Auditors provided unmodified limited review reports.

13Aug 25

Confidence Petroleum India Reports Q1 Revenue Growth Amid Profitability Challenges

Confidence Petroleum India Limited (CPIL) reported Q1 consolidated revenue of ₹1,11,199.00 lakh, up 43% year-over-year. However, profitability declined with EBITDA decreasing to ₹828.00 crore and net profit falling to ₹202.00 crore. The LPG Division remains the primary revenue driver. CPIL has discontinued plans for a large LPG import terminal at JNPA, opting to explore smaller, efficient facilities. A new wholly-owned subsidiary, Confidence Green Energy Private Limited, was incorporated. Auditors noted concerns regarding Input Tax Credit discrepancies and provident fund liability recognition.

17Jul 25

Confidence Petroleum Expands into Green Energy with New Subsidiary

Confidence Petroleum India Limited (CPIL) has incorporated a new wholly-owned subsidiary, Confidence Green Energy Private Limited (CGEPL), to expand its LPG and CNG operations. CGEPL, with an authorized share capital of ₹5,00,000 and paid-up capital of ₹1,00,000, will focus on providing LPG and CNG filling stations and related activities. This strategic move aims to strengthen CPIL's position in the green energy market and aligns with the growing demand for cleaner energy solutions in India.

16Jul 25

Confidence Petroleum Expands Green Energy Footprint with New Subsidiary

Confidence Petroleum India Limited (CPIL) has established a new wholly-owned subsidiary, Confidence Green Energy Private Limited (CGEPL), to expand its LPG and CNG operations. CGEPL, incorporated on July 16, 2023, with an authorized share capital of ₹5.00 lakh, will focus on LPG and CNG-related activities, including setting up and operating filling stations. CPIL holds 100% of CGEPL's share capital, with a subscribed and paid-up capital of ₹1.00 lakh. This strategic move aims to strengthen CPIL's position in the green energy market and enhance its capabilities in providing alternative fuel services.

27Jun 25

Confidence Petroleum India Ltd Secures ₹42.09 Crore LPG Bottling Contracts from Major PSUs

Confidence Petroleum India Limited has secured LPG bottling contracts worth ₹42.09 crore from major Public Sector Undertakings (PSUs) including BPCL, HPCL, and IOCL. The contracts involve bottling 3.00 lakh cylinders for BPCL, 1.20 lakh for HPCL, and 0.90 lakh for IOCL. The company has also been shortlisted for an IOCL tender at Sarangpur. Despite this positive development, the company's stock fell 7.02% to ₹51.50 on the NSE.

10Jun 25

Confidence Petroleum Expands CNG Network in Bangalore, Adds 5 New Stations

Confidence Petroleum India Ltd (CPIL) has commissioned five new CNG stations in Bangalore, increasing its total station count from 45 to 50. This expansion represents an 11.11% growth in the company's CNG network in the city. The move aligns with India's push for cleaner fuel alternatives and aims to cater to the growing demand for CNG in urban areas. The expansion is expected to improve accessibility and convenience for CNG vehicle owners in Bangalore.

02Jun 25

Confidence Petroleum India Expands Auto LPG Network with Eight New Stations

Confidence Petroleum India has commissioned eight additional auto LPG stations, significantly expanding its infrastructure for auto LPG dispensing. This strategic expansion enhances the company's network across the country, potentially increasing market reach, improving accessibility for customers, and possibly contributing to revenue growth. The move reflects ongoing interest in the auto LPG market and positions the company to meet future demand for cleaner fuel alternatives.

29May 25

Confidence Petroleum India Reports Mixed Q4 Results with Revenue Growth and Profit Decline

Confidence Petroleum India Ltd's latest quarterly results show a 32.60% increase in consolidated revenue to ₹9.24 billion. However, net profit declined by 25.73% to ₹228.00 million. EBITDA improved to ₹905.00 million, but the EBITDA margin decreased to 9.79% from 11.59% in the previous quarter.