Chennai Petroleum Corporation Ltd
CPCL''S Financial Performance for the quarter ended 30.06.2026 (Q1)
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 23 Jul 2026, 09:21 PM IST · BSE ID: ff89da74-7f6f-4850-9953-fa1631127a46
View Original BSE Filing (PDF)
💡
In Simple Terms
Chennai Petroleum's Q1 FY27 profit reached ₹1,017 crore, a significant turnaround from a loss last year, driven by better refining margins.
🤖 AI Summary
- Chennai Petroleum reported a Profit After Tax (PAT) of ₹1,017 Cr for Q1 FY27, against a Loss After Tax of ₹57 Cr in Q1 FY26.
- Revenue from Operations for the quarter ended June 30, 2026, stood at ₹29,359 crore, an increase from ₹18,683 Cr YoY.
- Average Gross Refining Margin (GRM) improved to US$ 8.78 per barrel in Q1 FY27, up from US$ 3.22 per barrel in Q1 FY26.
- The company achieved a crude throughput of 2.85 million metric tonnes (MMT) with 108% capacity utilisation in Q1 FY27.
- An additional revenue of ₹385.21 crore, related to March 2026 supplies, was recognised in the current quarter due to retrospective price revision.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue from Operations (Q1 FY27)
₹ 29,359 crore
57.14%
Revenue from Operations (Q1 FY26)
₹ 18,683 Cr
Profit After Tax (Q1 FY27)
₹1017 Cr
Not comparable — prior period loss.
Loss After Tax (Q1 FY26)
₹ 57 Cr
Average GRM (Q1 FY27)
US$ 8.78 per barrel
172.67%
Average GRM (Q1 FY26)
US$ 3.22 per barrel
Crude Throughput (Q1 FY27)
2.85 million metric tonnes
-4.36%
Crude Throughput (Q1 FY26)
2.98 MMT
Capacity Utilisation (Q1 FY27)
108%
Additional Revenue (March 2026)
₹385.21 crore
🏢 How This Affects the Company
The company's core refining business demonstrated robust performance, indicated by 108% capacity utilisation and improved crude throughput.
Profit Before Tax rose to ₹1,366 crore from a loss of ₹80 crore, and Profit After Tax increased to ₹1,017 Cr from a loss of ₹57 Cr, significantly enhancing earnings.
Sustained operational excellence led to a capacity utilisation of 108%, signifying efficient plant operations and high reliability.
👥 What This Means For Shareholders
✅
Action Required
No action is required from shareholders based on this financial results disclosure.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, which showed a significant increase in Profit After Tax to ₹1,017 Cr in Q1 FY27.
🔍
Management Signal
The focus on sustained operational excellence and improved refining margins indicates management's intent to enhance profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor GRM and crude throughput trends for sustained performance.
Any updates on new projects or capacity expansion plans.
Changes in crude oil prices and their impact on refining margins.
LOW RISK
The filing indicates strong financial performance and operational efficiency with no new risks identified.
💡 Investor Takeaway
Chennai Petroleum Corporation Ltd reported a Q1 FY27 Profit After Tax of ₹1,017 Cr, marking a substantial turnaround from a ₹57 Cr loss in Q1 FY26. Revenue from Operations grew to ₹29,359 crore, with average GRM at US$ 8.78 per barrel, up from US$ 3.22 per barrel YoY.
⚖️ Strengths & Concerns
✅ Positives
- Profit After Tax (PAT) turned positive at ₹1,017 Cr in Q1 FY27, a significant improvement from a Loss After Tax of ₹57 Cr in Q1 FY26.
- Gross Refining Margin (GRM) increased to US$ 8.78 per barrel for Q1 FY27, notably higher than US$ 3.22 per barrel in Q1 FY26.
⚠️ Concerns
- Crude throughput decreased to 2.85 million metric tonnes (MMT) in Q1 FY27 from 2.98 MMT in the corresponding quarter of the previous financial year.
- The recognition of ₹385.21 crore additional revenue from March 2026 supplies retrospectively affects the reported GRM calculation for the period.
📅 Company Track Record
Chennai Petroleum Corporation Ltd reported a FY26 PAT of ₹3,062 crore, a 1,660% jump YoY, driven by refining margin recovery to US$9.28 per barrel. The company also declared a total dividend of ₹62 per share for FY26.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Chennai Petroleum's net profit for Q1 FY27?
Chennai Petroleum Corporation Ltd reported a Profit After Tax of ₹1,017 Cr for the quarter ended June 30, 2026.
How did Chennai Petroleum's Q1 FY27 revenue compare to the previous year?
Revenue from Operations for Q1 FY27 was ₹29,359 crore, an increase from ₹18,683 Cr in the corresponding period of the previous financial year.
What was the average Gross Refining Margin (GRM) for Chennai Petroleum in Q1 FY27?
The average Gross Refining Margin (GRM) for Chennai Petroleum was US$ 8.78 per barrel for the period April–June 2026.
What was Chennai Petroleum's crude throughput in Q1 FY27?
Chennai Petroleum achieved a crude throughput of 2.85 million metric tonnes (MMT) during Q1 FY27, with 108% capacity utilisation.
Questions based on this BSE filing only. For information purposes.