Chennai Petroleum Corporation's Q2 FY 2025-26 Quarterly Results

Result Summary

• Chennai Petroleum Corporation Ltd reported a 10.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 35.1%.
• Its expenses for the quarter were up by 3.1% QoQ and 18.5% YoY.
• The net profit decreased 1893.5% QoQ and decreased 213.5% YoY.
• The earnings per share (EPS) of Chennai Petroleum Corporation Ltd stood at 48.3 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Chennai Petroleum Corporation Ltd (CPCL) is a prominent player in the Indian oil and gas sector, primarily involved in refining crude oil and producing various petroleum products. As a significant entity in this industry, the company operates extensive refining facilities and supplies an array of products such as diesel, petrol, lubricants, and other petrochemicals. CPCL focuses on meeting the energy demands of the Indian market, contributing significantly to the country's energy security. Recent developments for CPCL may include modernization and expansion projects to enhance production capacity and efficiency, although specific recent projects or strategic changes are not provided in the current data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Chennai Petroleum Corporation Ltd reported a total income of ₹16,333.58 crores, reflecting an increase of 10.2% from the previous quarter (Q1FY26), which stood at ₹14,821.48 crores. Year-over-year, the company experienced a substantial growth of 35.1% in total income, as compared to ₹12,090.79 crores in the second quarter of fiscal year 2025 (Q2FY25). This consistent growth trajectory indicates an enhancement in the company's revenue generation capabilities over the specified periods.

Profitability

The profitability of Chennai Petroleum Corporation Ltd has shown a remarkable shift in Q2FY26. The company recorded a profit before tax of ₹965.06 crores, a significant improvement from a loss of ₹80.06 crores in Q1FY26 and a loss of ₹875.69 crores in Q2FY25. After accounting for tax expenditures, the profit after tax for Q2FY26 is ₹719.19 crores, compared to a loss of ₹40.10 crores in Q1FY26 and a loss of ₹633.69 crores in Q2FY25. The earnings per share (EPS) follow a similar pattern, with Q2FY26 EPS at ₹48.30, up from a negative ₹2.69 in Q1FY26 and negative ₹42.56 in Q2FY25. These shifts reflect a notable turnaround in the company's profitability within the observed periods.

Operating Metrics

The total expenses for Chennai Petroleum Corporation Ltd in Q2FY26 amounted to ₹15,368.52 crores, representing a 3.1% increase from Q1FY26, where expenses were ₹14,901.54 crores. Year-over-year, expenses increased by 18.5% from ₹12,966.48 crores in Q2FY25. The tax component in Q2FY26 was ₹262.74 crores, which marks a significant change from negative tax figures in both Q1FY26 and Q2FY25, where the tax was negative ₹23.48 crores and negative ₹227.88 crores, respectively. These variations in expenses and tax figures indicate fluctuations in the company's operational costs and tax liabilities over these periods.