Outcome of Board Meeting dated 27-05-2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Continental Petroleums Ltd's Board met on May 27, 2026 and approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2026. The company reported standalone revenue of Rs. 7,073.59 lakhs, up from Rs. 4,664.41 lakhs in the previous year, but standalone net profit declined to Rs. 339.09 lakhs from Rs. 430.95 lakhs. On a consolidated basis, total income was Rs. 8,721.71 lakhs with net profit of Rs. 340.59 lakhs. The auditors R.P. Khandelwal & Associates issued an unmodified (clean) opinion. The Board also appointed Mr. Jitendra Sharma as Internal Auditor and CS Trishla Gupta as Secretarial Auditor for FY 2026-27. Total assets nearly doubled to Rs. 13,620.14 lakhs on standalone basis.
Revenue grew significantly but profit declined year-on-year, which may concern investors focused on profitability. However, the clean audit opinion and doubling of assets indicate financial health. The decline in EPS from Rs. 7.75 to Rs. 3.58 reflects increased share capital.