CPCL

Chennai Petroleum Corporation Limited (CPCL) reported a net profit of Rs 1,001.6 crore for the third quarter, reflecting resilient refining margins and disciplined operational management. Revenue growth was supported by stable crude throughput, optimized product yields, and efficiency in downstream operations, including petroleum product marketing and petrochemicals. Despite global crude price volatility and cost pressures, CPCL’s focus on cost optimization, capacity utilization, and value-added products helped sustain profitability.

Chennai Petroleum Corporation Ltd (CPCL), a subsidiary of Indian Oil Corporation, reported a substantial drop in net profit for the fourth quarter and full fiscal year 2024–25, driven by deteriorating refining margins and reduced crude processing volumes. The company’s Q4 net profit fell 25% year-on-year to Rs. 469.93 crore, while annual profits collapsed by over 93% to Rs. 173.53 crore. Operational revenue remained largely stagnant, but earnings were sharply impacted by the halving of gross refining margins.