Confidence Petroleum India Limited has informed the Exchange regarding Corrigendum to Financial Result for the Quarter and Year ended on 31st March, 2025
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Confidence Petroleum India has filed a corrigendum to its previously announced Q4 and FY25 consolidated financial results, citing typographical and inadvertent errors in the segment-wise report. The error was in the LPG Division's segment result figures, which were originally reported as Rs 1,99,908 lacs (Q4) and Rs 2,22,828 lacs (FY) — these have now been corrected to Rs 8,471 lacs (Q4) and Rs 31,391 lacs (FY), which are in line with prior period trends. The company clarifies that no other line items or figures have changed. Based on the corrected results, consolidated revenue for Q4 FY25 stood at Rs 92,481 lacs (up ~47% YoY from Rs 63,054 lacs), while full-year FY25 revenue was Rs 3,14,576 lacs (up ~17% YoY). Profit after tax for Q4 FY25 was Rs 2,732 lacs, nearly double the Rs 1,394 lacs reported in Q4 FY24, while full-year PAT was Rs 9,084 lacs versus Rs 10,528 lacs in FY24.
The corrigendum restores the LPG Division's segment result to a realistic level, removing a major data inconsistency that could have misled investors. While the correction itself is procedural, the underlying numbers still show strong quarterly revenue and profit growth, which is a positive sign for the stock despite the full-year PAT being marginally lower YoY.