Continental Petroleums Reports Sharp Decline in Q1 Profit, Appoints New Cost Auditor Aug 11, 2025
Continental Petroleums to Acquire Stake in Unique Tech Associates for ₹71.5 Crore Jun 23, 2025
More news about Continental Petroleums
03Jun 25
Continental to Exit Truck and Bus Radial Tyre Business in India
Continental, a major tyre manufacturer, has decided to discontinue its truck and bus radial tyre business in India. This move is expected to impact the commercial vehicle tyre segment in the country. The exit could reshape market dynamics, potentially creating opportunities for other players to expand their market share. While reasons for the decision are not specified, it suggests a strategic shift in Continental's focus in the Indian market.
21May 25
Continental Petroleums Reports 76% Drop in Q4 Profit Amid Market Challenges
Continental Petroleums experienced a significant 76% year-over-year decline in Q4 net profit to Rs 34.00 lakh, despite an operating income of Rs 26.86 crore. The company cited price fluctuations, softer export demand, and tariff pressures as key factors. However, full fiscal year results showed resilience with a 57.88% increase in Profit After Tax to Rs 4.31 crore and operating income of Rs 112.91 crore.