Continental Petroleums Reports Strong Q3 FY24-25 Results with Record Profitability Metrics

Feb 10 2025 07:48 PM IST
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Continental Petroleums has announced its financial results for Q3 FY24-25, showcasing significant growth in net sales, which reached Rs 29.40 crore. The company also reported a Profit After Tax of Rs 1.41 crore and an Earnings per Share of Rs 2.54, both marking the highest levels in five quarters.
Continental Petroleums, a microcap player in the lubricants industry, has recently reported its financial results for the quarter ending December 2024. The results indicate a very positive performance for Q3 FY24-25, with notable developments in key financial metrics.

Net sales for the quarter reached Rs 29.40 crore, reflecting a growth of 35.6% compared to the average net sales of Rs 21.69 crore over the previous four quarters. This upward trend in sales suggests a robust demand for the company's products.

Additionally, the Profit After Tax (PAT) for the quarter was recorded at Rs 1.41 crore, marking the highest figure in the last five quarters. This achievement highlights a favorable trajectory in profitability for Continental Petroleums.

Earnings per Share (EPS) also reached a peak of Rs 2.54, the highest in the last five quarters, indicating an increase in profitability and enhanced earnings for shareholders.

In light of these developments, Continental Petroleums has experienced an adjustment in its evaluation, with its score rising to 21 from 20 over the past three months.

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