Partner with us icon Partner with Us

Corporate Actions

Chennai Petroleum Corporation slips after Q1 PAT falls 27% QoQ to Rs 1,017 crore

23-Jul-26   15:01 Hrs IST
Revenue from operations (excluding excise duty) rose 62.74% year on year (YoY) to Rs 27,369.27 crore in Q1 FY27.

The company's standalone net profit stood at Rs 1,016.67 crore in Q1 FY27, compared with a net loss of Rs 56.62 crore in Q1 FY26. Revenue from operations (excluding excise duty) increased 84.78% year on year (YoY) to Rs 27,369.27 crore in the quarter ended 30 June 2026.

Total expenses rose 49.21% YoY to Rs 28,010.89 crore in Q1 FY27.

The company reported a profit before tax (PBT) of Rs 1,365.56 crore in Q1 FY27, compared with a pre-tax loss of Rs 80.10 crore in Q1 FY26.

The average gross refining margin (GRM) for the quarter improved to US$ 8.78 per barrel from US$ 3.22 per barrel in the corresponding quarter last year.

On a consolidated basis, the company's consolidated net profit stood at Rs 1,031.35 crore in Q1 FY27, compared with a net loss of Rs 40.10 crore in Q1 FY26. Revenue from operations (excluding excise duty) rose 84.77% year on year (YoY) to Rs 27,369.27 crore in Q1 FY27.

Chennai Petroleum Corporation is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sell lubricating oil additives.

Powered by Capital Market - Live News

Attention Investors:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.