New Delhi, May 21 (PTI) Continental Petroleums on Wednesday mentioned its web revenue plunged practically 76 per cent to ₹34 lakh in March quarter on account of heightened value fluctuations, softer export demand, and tariff-related pressures.
The web revenue of the corporate, additionally engaged in energy transmission & distribution EPC (engineering procurement and building) enterprise, was ₹1.41 crore in March quarter FY24, as per a press release.
Operating earnings grew to ₹26.86 crore in This fall FY2025 from ₹18.82 crore a yr in the past.
During Q3 and This fall, efficiency was marginally impacted on account of heightened value fluctuations, softer export demand, and tariff-related pressures.
These exterior challenges created momentary headwinds throughout sure segments, it said including that the administration stays centered on driving operational efficiencies, optimizing value constructions, and mitigating market volatility.
“We proceed to take proactive measures to strengthen our aggressive positioning and ship sustainable, long-term worth to our stakeholders,” it said.
The PAT (revenue after tax) rose 57.88 per cent to ₹4.31 crore in 2024-25 from ₹2.73 crore within the earlier yr. Operating earnings surged to ₹112.91 crore from ₹53.03 crore primarily on account of robust progress pushed by high-margin lubricants, EPC, and waste administration companies.
“The progress in top-line income displays our profitable execution of key tasks and enhanced market attain, whereas the advance in profitability underscores our deal with operational effectivity and value- added choices,” CMD Madan Lal Khandelwal mentioned.
Continental Petroleums is likely one of the main producers of commercial lubricants and greases in India. The firm can also be engaged in hazardous waste administration.
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Continental Petroleums, web revenue, value fluctuations, export demand, working earnings
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