Chennai Petroleum Corporation
627.05
-6.30(-0.99%)
Market Cap₹9,431.30 Cr
PE Ratio52.92
Company Performance:
1D-0.99%
1M-19.55%
6M+31.02%
1Y-36.47%
5Y+694.74%
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More news about Chennai Petroleum Corporation
05May 25
Chennai Petroleum Q4 Performance: GRM Dips, Profit Surges Amid Inventory Gains
Chennai Petroleum Corporation Limited (CPCL) reported a significant increase in Q4 FY2024-25 financials. Net profit soared 2,159.13% to ₹469.90 crore, while revenue rose 33.55% to ₹17,281.40 crore. The company's Gross Refining Margin (GRM) declined to $6.22 per barrel from $7.70 year-on-year, but an inventory gain of ₹125.00 crore boosted profitability. CPCL plans to roll out sustainable aviation fuel and has scheduled maintenance for a crude unit. The company continues to diversify its crude sourcing strategy.
02May 25
Chennai Petroleum Reports ₹125 Crore Inventory Gain in Q4, Explores Diverse Crude Sources
Chennai Petroleum Corporation Limited (CPCL) reported an inventory gain of ₹125.00 crore in Q4, but saw a decline in gross refining margin from $7.70 to $6.22 per barrel year-over-year. The company is diversifying its crude oil sourcing, including Basra crude in its long-term portfolio and receiving favorable offers for US and African crudes. CPCL plans maintenance for one of its crude units this year and anticipates an early rollout of sustainable aviation fuel, positioning itself in the sustainable fuels market.
25Apr 25
Chennai Petroleum Corp Reports 34% Q4 Revenue Jump, Announces Dividend
Chennai Petroleum Corporation Ltd (CPCL) reported a significant financial improvement in Q4, with revenue increasing by 33.50% to ₹17,249.00 crore. The EBITDA margin rose to 4.60% from 1.90% in the previous quarter. The company announced a final dividend of ₹5.00 per share for FY 2024-2025.
21Mar 25
Chennai Petroleum Gains Interim Relief in ₹73.68 Crore Environmental Compensation Case
The National Green Tribunal (NGT) has issued an interim stay on the Tamil Nadu Pollution Control Board's (TNPCB) order demanding ₹73.68 crore from Chennai Petroleum Corporation Limited (CPCL) as environmental compensation. CPCL must deposit 50% (₹36.84 crore) within four weeks or provide a bank guarantee for half of that amount. The dispute stems from a December 2023 oil spill incident during Cyclone Michaung. CPCL plans to contest both the IITM report and TNPCB's compensation recommendation.
20Mar 25
Chennai Petroleum Secures Interim Stay on TNPCB's 736.8 Million Rupee Demand
Chennai Petroleum Corporation Limited (CPCL) has received an interim stay from the National Green Tribunal (NGT) on a ₹736.80 million environmental compensation order by the Tamil Nadu Pollution Control Board (TNPCB). The stay, issued on March 19, 2025, requires CPCL to deposit 50% (₹382.40 million) within four weeks, with an option to provide a bank guarantee for half of this amount. The case stems from an oil spill incident in December 2023 during Cyclone Michaung flooding. CPCL is examining the order and will take appropriate action, stating no current impact on operations.
1 Year Returns:-36.47%
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