Confidence Petroleum India Limited reported earnings results for the fourth quarter and full year ended March 31, 2023. For the fourth quarter, the company reported sales was INR 6,728.6 million compared to INR 3,835.4 million a year ago. Revenue was INR 6,715.1 million compared to INR 3,876.5 million a year ago. Net income was INR 244.8 million compared to INR 135.7 million a year ago. Basic earnings per share from continuing operations was INR 0.92 compared to INR 0.48 a year ago. Diluted earnings per share from continuing operations was INR 0.92 compared to INR 0.48 a year ago.
For the full year, sales was INR 22,088.3 million compared to INR 14,276.9 million a year ago. Revenue was INR 22,133.9 million compared to INR 14,341 million a year ago. Net income was INR 898.8 million compared to INR 878.4 million a year ago. Basic earnings per share from continuing operations was INR 3.27 compared to INR 3.16 a year ago. Diluted earnings per share from continuing operations was INR 3.27 compared to INR 3.16 a year ago.