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3 days agoChennai Petroleum Corporation Ltd. swings to profit, posts ₹719 crore in Q2
Chennai Petroleum Corporation turned around in Q2FY26, reporting a net profit of ₹719 crore compared with a net loss of ₹634 crore in the same quarter last year. Revenue from operations surged nearly 39% YoY to approximately ₹20,034 crore. The improvement was driven by stronger refining margins and increased throughput. Shares rose over 6% on the news. Analysts caution that upcoming changes in global crude prices and subsidy burdens remain key risks for the refining sector.
positive
3 days agoChennai Petroleum Corporation Ltd. swings to profit, posts ₹719 crore in Q2
Chennai Petroleum Corporation turned around in Q2FY26, reporting a net profit of ₹719 crore compared with a net loss of ₹634 crore in the same quarter last year. Revenue from operations surged nearly 39% YoY to approximately ₹20,034 crore. The improvement was driven by stronger refining margins and increased throughput. Shares rose over 6% on the news. Analysts caution that upcoming changes in global crude prices and subsidy burdens remain key risks for the refining sector.
positive
Chennai Petroleum Corporation Ltd. swings to profit, posts ₹719 crore in Q2
4 days ago
1 min read
76 words
Chennai Petroleum posts ₹719 crore profit in Q2FY26 after prior year loss; revenue jumps 39% on margin recovery.
Chennai Petroleum Corporation turned around in Q2FY26, reporting a net profit of ₹719 crore compared with a net loss of ₹634 crore in the same quarter last year. Revenue from operations surged nearly 39% YoY to approximately ₹20,034 crore. The improvement was driven by stronger refining margins and increased throughput. Shares rose over 6% on the news. Analysts caution that upcoming changes in global crude prices and subsidy burdens remain key risks for the refining sector.
Chennai Petroleum Corporation turned around in Q2FY26, reporting a net profit of ₹719 crore compared with a net loss of ₹634 crore in the same quarter last year. Revenue from operations surged nearly 39% YoY to approximately ₹20,034 crore. The improvement was driven by stronger refining margins and increased throughput. Shares rose over 6% on the news. Analysts caution that upcoming changes in global crude prices and subsidy burdens remain key risks for the refining sector.
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refining
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Oct 27, 2025 • 08:29 IST
