1. Considered, approved and took on record the Unaudited Financial Results of the company for the quarter ended on June 30th, 2025 along with the Limited Review Report of the auditor. 2. ....
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Continental Petroleums' board, meeting on August 11, 2025, approved the unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to Rs. 1,840.56 lakhs from Rs. 3,538.86 lakhs in the same quarter last year — a drop of about 48% year-on-year. Net profit also declined to Rs. 61.70 lakhs from Rs. 128.94 lakhs (down ~52%), translating to EPS of Rs. 1.11 versus Rs. 7.75 previously. The board also appointed Mr. Babu Lal Maharwal as Cost Auditor for FY 2025-26. The statutory auditor (R.P. Khandelwal & Associates) issued a clean Limited Review Report with no qualifications or adverse remarks.
The sharp year-on-year decline in both revenue and profit is a negative signal for shareholders, suggesting weaker business performance in Q1 FY26 compared to the prior year. However, profits remain positive and the auditor's clean report removes any immediate governance concerns.