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For the quarter ended on 30 June 2025, revenue from operations stood at Rs 18,683 crore, down 8.24% YoY. The company posted a pre-tax profit of Rs 80 crore in Q1 FY26 as against a pre-tax profit of Rs 470 crore registered in Q1 FY25. The gross refining margin (GRM) for the quarter was $3.22 per barrel, down from $6.33 per barrel in the corresponding period last year. This decline was primarily due to inventory losses on crude oil and finished products of US$ 1.9 per barrel as against inventory gain of US$ 1.1 per barrel in Q1 of the previous financial year. CPCL has recorded a crude throughput of 2.981 million metric tonnes (MMT) for the quarter ended 30 June 2025, as compared to 2.830 MMT in the corresponding quarter of the previous financial year, with a capacity utilisation of 114%. This was further supported by best-ever distillate yield of about 80% and excellent performance on energy front, demonstrating continued operational efficiency. On a consolidated basis, CPCL has posted a net loss of Rs 40 crore in Q1 FY2025-26 as against a net profit of Rs 357 crore. Net sales declined by 13.4% YoY to Rs 14,812.23 crore during the period under review. Chennai Petroleum Corporation is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sell lubricating oil additives. The scrip tumbled 9.68% to end at Rs 687.35 on the BSE yesterday. Powered by Capital Market - Live News
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