Chennai Petroleum Corporation Limited
Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.
What Chennai files
- Others77
- Important22
- Updates9
- Investor Meet8
- Board Meeting6
- Dividend/Bonus4
CPCL delivered robust quarterly results: Revenue at ₹29,359 Cr, PBT ₹1366 Cr, and PAT ₹1017 Cr, reversing prior year losses. Operational excellence achieved 108% capacity utilization and a strong GRM of US$8.78/barrel, highlighting efficiency.
Chennai Petroleum (CPCL) has been granted Navratna Status by the Indian government. This enhances operational and financial autonomy, potentially empowering CPCL for larger investments and strategic growth initiatives.
CPCL reported strong Q4 PAT of ₹1,400 Cr (up 211% YoY) with GRM surging to US$13.75/bbl, driven by operational excellence and 112% capacity utilization. Full-year PAT reached ₹3,062 Cr (up 1660%). A final dividend of ₹54/share was declared.
CPCL delivered robust Q3 results, achieving 105% capacity utilization. Revenue from Operations rose to ₹19,438 Cr, and PAT surged to ₹987 Cr, up from ₹10 Cr year-on-year. GRM significantly improved to US$ 10.97 per barrel, underscoring strong operational excellence.
CHENNPETRO fined ₹0.11 Cr by NSE & BSE for not appointing a woman independent director. The company attributes the delay to government appointment processes and seeks a waiver, noting past successful appeals.