Chennai Petroleum Corporation Limited ( (IN:CHENNPETRO) ) has issued an update.
Chennai Petroleum Corporation Limited reported a significant decline in its standalone net profit to ₹174 crore for the fiscal year 2025, down from ₹2,711 crore the previous year. This decrease is attributed to a sharp drop in gross refining margin due to the softening of global crude prices. The company’s revenue from operations also fell by over 10% to ₹71,050 crore, and crude throughput decreased to 10.454 million tonnes. Despite these challenges, CPCL declared a dividend of ₹5 per equity share and a preference dividend of 6.65% on outstanding preference shares, indicating a commitment to returning value to shareholders.
More about Chennai Petroleum Corporation Limited
Chennai Petroleum Corporation Limited operates in the petroleum industry, focusing on refining crude oil and producing various petroleum products. It is a subsidiary of Indian Oil Corporation and plays a significant role in the Indian energy sector.
YTD Price Performance: -0.22%
Average Trading Volume: 122,699
Current Market Cap: 93.92B INR
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