Confidence Petroleum India Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 7,199.9 million compared to INR 3,940.3 million a year ago. Revenue was INR 7,240.2 million compared to INR 3,953 million a year ago. Net income was INR 270.6 million compared to INR 230.3 million a year ago. Basic earnings per share from continuing operations was INR 0.95 compared to INR 0.81 a year ago. Diluted earnings per share from continuing operations was INR 0.95 compared to INR 0.81 a year ago.
For the nine months, sales was INR 15,359.7 million compared to INR 10,441.6 million a year ago. Revenue was INR 15,418.7 million compared to INR 10,464.5 million a year ago. Net income was INR 654 million compared to INR 742.7 million a year ago. Basic earnings per share from continuing operations was INR 2.3 compared to INR 2.62 a year ago. Diluted earnings per share from continuing operations was INR 2.3 compared to INR 2.62 a year ago.