StockWatch
·
Refineries & Marketing
Quarterly Result24 Apr 2026, 01:28 pm

CPCL Q4/FY26 Audited Results Out, Recommends 540% Equity Dividend

AI Summary

Chennai Petroleum Corporation Ltd (CPCL) announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors approved these results, which were recommended by the Audit Committee. The statutory auditors issued an unmodified opinion on the financial statements for FY 2025-26. The Board recommended a preference dividend of 6.65% on outstanding preference shares, amounting to ₹15.94 Cr, for the year 2025-26. Additionally, a final equity dividend of 540% (₹54 per equity share of face value ₹10 each) was recommended for FY 2025-26, subject to shareholder approval at the upcoming AGM. This final dividend is in addition to the interim equity dividend of ₹8.00 per share declared earlier in FY 2025-26. The company also confirmed no default in payment of outstanding loans/debt securities.

Key Highlights

  • CPCL announced audited standalone and consolidated financial results for Q4/FY26.
  • Board recommended a final equity dividend of 540% (₹54 per share) for FY26.
  • This is in addition to the ₹8.00 interim equity dividend for FY26.
  • A preference dividend of 6.65% (₹15.94 Cr) was also recommended.
  • Auditors issued an unmodified opinion on financial statements for FY26.