CPCL Q2 FY27 PAT ₹2271 Cr, GRM Jumps to $20.41/bbl

Chennai Petroleum Corporation Ltd (CPCL) announced its financial and operational performance for the second quarter and half-year ended September 30, 2026. In Q2 FY27, CPCL achieved a crude throughput of 2.590 MMT with 98% capacity utilization, despite planned maintenance. Financially, Revenue from Operations rose to ₹22,109 crore from ₹20,069 crore year-on-year. Profit After Tax (PAT) surged to ₹2271 crore from ₹732 crore in the same quarter last year. The Gross Refining Margin (GRM) saw a significant improvement, increasing to $20.41 per barrel from $9.04 per barrel year-on-year. For the half-year ended September 30, 2026, Revenue from Operations stood at ₹51,486 crore, with PAT at ₹3288 crore. The company also declared an interim dividend of ₹25 per equity share for FY2026-27.