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Among the 10 LPG dispensing stations, 6 are in Tamil Nadu, 2 in Maharashtra, 1 in Karnataka and 1 in Telangana.
Confidence Petroleum India is engaged in LPG cylinder manufacturing, LPG bottling & blending, and running auto LPG dispensing stations.
The company's consolidated net profit declined 27.89% to Rs 24.12 crore on a 7.51% rise in sales to Rs 460.67 crore in Q2 FY23 over Q2 FY22.
The scrip rose 0.80% to currently trade at Rs 81.80 on the BSE.
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