CPCL Reports ₹1017 Cr PAT in Q1 FY27, Reversing Last Year's Loss
Chennai Petroleum Corporation Ltd (CPCL) announced its financial results for the quarter ended June 30, 2026 (Q1 FY27), showcasing a significant turnaround. The company achieved a crude throughput of 2.85 MMT with 108% capacity utilization, marking sustained operational excellence and highest ever distillate yield. Financially, CPCL reported a Profit After Tax (PAT) of ₹1017 crore, a substantial improvement from a loss of ₹57 crore in the same quarter last year. Revenue from Operations surged to ₹29,359 crore from ₹18,683 crore year-on-year. The results also include an additional revenue of ₹385.21 crore recognized from retrospective price revisions. The average Gross Refining Margin (GRM) improved to US$ 8.78 per barrel from US$ 3.22 per barrel.
Key Highlights
- CPCL reported Q1 FY27 PAT of ₹1017 Cr, a turnaround from a loss.
- Revenue from Operations increased to ₹29,359 Cr year-on-year.
- Crude throughput reached 2.85 MMT with 108% capacity utilization.
- GRM improved significantly to US$ 8.78 per barrel.
- Additional revenue of ₹385.21 Cr recognized from price revisions.
Price Impact
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