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Chennai Petroleum Corporation Ltd. (CPCL) reported a strong performance for the March 2025 quarter, posting a consolidated revenue from operations of ₹205.81 billion. The company’s consolidated net profit stood at ₹4.7 billion for the quarter, reflecting resilience amid a volatile refining environment. Sequentially, revenue jumped 34% compared to the previous quarter, supported by improved refining margins and higher throughput.
The Board of Directors has recommended a final dividend of ₹5 per share for the financial year 2024-25, rewarding shareholders for their continued support. The record date for the dividend will be announced in due course, with payment expected within 30 days of declaration at the upcoming annual general meeting.
Operationally, CPCL achieved its highest-ever crude throughput at the Manali refinery, while maintaining a healthy gross refining margin. The company also improved its financial position, reducing its debt-equity ratio and increasing net worth. Shares of CPCL responded positively, rising as much as 6% in intraday trade following the results announcement.
These results underscore CPCL’s robust operational efficiency and commitment to shareholder value, positioning the company well for further growth in the coming fiscal year.
Source: Moneycontrol, CNBC-TV18, The Hindu BusinessLine, Economic Times
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