Continental Petroleums Ltd (523232)
Q2 FY27 results
📅 Next results: 22 Oct 2026 (board meeting)Continental Petroleums Ltd's board meets on 22 Oct 2026 to consider its Q2 FY27 results (July-September 2026).
In its latest reported quarter, Q1 FY27, Continental Petroleums' revenue was ₹13.1 Cr (-29.1% year on year, -35.9% on the previous quarter), and net profit ₹0.6 Cr (-3.5% year on year); the operating margin was 10.7%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹13.1 | -29.1% | -35.9% |
| Operating profit | ₹1.4 | -10.1% | +505.8% |
| Net profit | ₹0.6 | -3.5% | -1.9% |
| EPS (₹) | 0.63 | -43.2% | -1.6% |
| Operating margin | 10.7% | — | — |
📢 Recent Corporate Announcements
Continental Petroleums Ltd has informed exchanges that a Board of Directors meeting will take place on September 5, 2026. The board will consider approving the Directors' Report for the financial year ended March 31, 2026, and finalize the notice for the 40th Annual General Meeting (AGM) scheduled for September 29, 2026. Additionally, the appointment of an e-voting scrutinizer and dates for book closure will be finalized. This represents routine annual compliance.
- Board meeting scheduled on Saturday, September 5, 2026 at 03:00 PM
- 40th Annual General Meeting proposed for Tuesday, September 29, 2026 via video conference
- Agenda includes approval of the Board Report for the financial year ended March 31, 2026
- Appointment of Mr. Rohit Gupta, Practicing CA, as e-voting scrutinizer to be approved
Continental Petroleums Ltd has informed exchanges that its Board of Directors will meet on September 5, 2026, at 3:00 PM. The board will consider and approve the Board's Report for the financial year ended March 31, 2026, along with the notice for the 40th Annual General Meeting (AGM) scheduled for September 29, 2026. Additionally, the board will finalize book closure dates, the e-voting schedule, and approve the appointment of Mr. Rohit Gupta, Practicing Chartered Accountant, as the scrutinizer.
- Board meeting scheduled for Saturday, September 5, 2026 at 3:00 PM
- 40th Annual General Meeting scheduled for Tuesday, September 29, 2026 via video conferencing
- Approval of Board Report and annexures for financial year ended March 31, 2026 on the agenda
- Appointment of Mr. Rohit Gupta, Practicing Chartered Accountant, as e-voting scrutinizer to be approved
Continental Petroleums reported a consolidated total income of ₹13.08 Cr for the quarter ended June 30, 2026, representing a 29% decline from ₹18.44 Cr in the same period last year. Despite the sharp revenue drop, consolidated net profit remained relatively stable at ₹0.60 Cr compared to ₹0.62 Cr YoY, primarily due to a significant reduction in material costs. Standalone revenue saw a steeper sequential decline of 41% compared to the March 2026 quarter. Additionally, the board approved an increase in director remuneration by up to ₹5 lakhs.
- Consolidated Total Income fell 29.1% YoY to ₹13.08 Cr from ₹18.44 Cr.
- Standalone Net Profit stood at ₹0.59 Cr, a slight decrease from ₹0.62 Cr in the year-ago quarter.
- Cost of materials consumed (Standalone) dropped to ₹10.09 Cr from ₹16.75 Cr in June 2025.
- Equity share capital increased to ₹4.74 Cr from ₹2.78 Cr in the previous year's corresponding quarter.
- Board approved an increment in Directors' Remuneration by up to ₹5 lakhs.
Continental Petroleums reported a weak top-line for Q1 FY27, with consolidated total income falling 29% YoY to ₹13.08 Cr from ₹18.44 Cr. Despite the sharp revenue contraction, net profit remained stable at ₹0.60 Cr, supported by a significant reduction in total expenses to ₹12.25 Cr. However, EPS dropped from ₹1.11 to ₹0.63 YoY, largely due to the equity share capital increasing from ₹2.78 Cr to ₹4.74 Cr over the past year. The board also approved an increment in Director remuneration by up to ₹5 Lakhs.
- Consolidated Total Income declined 29% YoY to ₹13.08 Cr from ₹18.44 Cr in the year-ago quarter.
- Consolidated Net Profit stood at ₹0.60 Cr, marginally lower than ₹0.62 Cr in June 2025.
- Earnings Per Share (EPS) fell to ₹0.63 from ₹1.11 YoY, impacted by a 70% increase in paid-up equity capital.
- Total Expenses were curtailed to ₹12.25 Cr from ₹17.51 Cr in the corresponding previous quarter.
- Board approved an increment in Director Remuneration up to ₹5 Lakhs.
Continental Petroleums Ltd has scheduled a board meeting for August 3, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. In addition to the earnings review, the board will consider a proposal to increase Directors' Remuneration by up to Rs 5 Lacs. This meeting is critical as the company seeks to stabilize after a 39.7% share price decline over the last 12 months. With a TTM PAT of only Rs 3 Cr, the proposed remuneration hike and the upcoming quarterly performance are key points of interest for shareholders.
- Board meeting scheduled for August 3, 2026, to approve Q1 FY27 unaudited financial results.
- Proposal to increase Directors' Remuneration by up to Rs 5 Lacs will be considered.
- Trading window has been closed since July 1, 2026, and will remain so until 48 hours post-announcement.
- Company reported a TTM PAT of Rs 3 Cr against a market capitalization of Rs 56 Cr.
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