StockWatch
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Refineries & Marketing
Quarterly Result22 Oct 2026, 05:50 pm

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

AI Summary

Chennai Petroleum Corporation Ltd (CPCL) announced its financial results for the quarter ended September 30, 2026. The company reported a significant increase in revenue from operations to ₹22,109 crore, up from ₹20,069 crore in the same period last year. Profit After Tax (PAT) surged to ₹2271 crore from ₹732 crore year-on-year. The Gross Refining Margin (GRM) showed a substantial improvement, rising to US$ 20.41 per barrel from US$ 9.04 per barrel. For the half-year ended September 30, 2026, CPCL achieved a PAT of ₹3288 crore on revenue of ₹51,486 crore. The company also declared an interim dividend of ₹25 per equity share for FY2026-27.

Key Highlights

  • Q2 PAT surged to ₹2271 crore, a significant year-on-year increase.
  • Revenue from operations rose to ₹22,109 crore in Q2.
  • Gross Refining Margin (GRM) improved dramatically to $20.41/bbl.
  • Interim dividend of ₹25 per share declared for FY2026-27.