CPCL Reports Strong FY2026 Results And High Throughput

28 Apr 2026 CW Team

Chennai Petroleum Corporation Limited reported sustained operational excellence in the quarter ended 31 March 2026, with crude throughput of two point nine three million tonnes (mn t) compared with two point nine seven million tonnes (mn t) a year earlier. This represented capacity utilisation of 112 per cent and reflected efficient plant operations. For the year the company processed 11.71 million tonnes (mn t) of crude, maintaining capacity utilisation of 112 per cent. The company sustained a best-ever distillate yield of about 80 per cent, underlining focus on energy efficiency.

Quarterly financial results reflected robust physical performance and improved refining margins, with revenue from operations of Rs 204.55 billion (bn) compared with Rs 205.81 bn a year earlier. Profit before tax rose to Rs 18.90 bn and profit after tax to Rs 14.00 bn, up from Rs 5.82 bn and Rs 4.50 bn respectively. The gross refining margin for the quarter improved to US$ 13.75 per barrel from US$ 6.22 per barrel.

For the year revenue from operations rose to Rs 786.11 bn from Rs 710.50 bn, supported by higher throughput and margins. Annual profit before tax increased to Rs 41.22 bn and profit after tax to Rs 30.62 bn, compared with Rs 2.08 bn and Rs 1.74 bn respectively in the prior year. Consolidated profit after tax for the year stood at Rs 31.03 bn. The board recommended a final dividend of Rs 54 per share with a face value of Rs 10 per share, in addition to an interim dividend of Rs 8 per share.

Management attributed the results to operational reliability, higher distillate yields and a focus on cost and energy efficiency that supported margin expansion. Yearly gross refining margin improved to US$ 9.28 per barrel from US$ 4.22 per barrel, contributing to profitability. The maintenance of high capacity utilisation and steady throughput were cited as key enablers, positioning the company to sustain momentum and return cash to shareholders.

Products

15 Jun 2026

Durakraft Highlights Monsoon-Ready Window Solutions

Durakraft Extrusions has underscored the importance of high-performance uPVC windows in creating healthier and more comfortable indoor environments during the monsoon season, when excess moisture, dampness and limited ventilation can affect living conditions.According to the company, selecting the appropriate window systems can help minimise water ingress, improve airflow and maximise natural light, contributing to better indoor air quality and overall comfort. As homes face challenges associated with prolonged rainfall and humidity, weather-resistant fenestration solutions are becoming increa..

SPRE Launches Private Estates at Treetopia

Shapoorji Pallonji Real Estate (SPRE) has launched Private Estates at Treetopia, introducing a limited collection of large-format estate plots within its 105-acre plotted development in Pune Growth Corridor.The launch follows the response to the first two phases of Treetopia and caters to homebuyers seeking expansive land ownership, privacy and the flexibility to build bespoke residences. The estate plots are located in the foothills overlooking a private 25-acre natural lake and are priced from Rs 15.1 million, all-inclusive.Situated close to the proposed Purandar International Airport, the p..

Statcon Energiaa Partners with Ram Raja Solar

Statcon Energiaa has signed a Memorandum of Understanding (MoU) with Ram Raja Solar Power Green Energy to strengthen the deployment of large-capacity Battery Energy Storage Systems (BESS) and hybrid inverter solutions across Uttar Pradesh.The partnership brings together Statcon Energiaa's expertise in power electronics and energy storage with Ram Raja Solar's project execution capabilities to improve access to solar-plus-storage solutions in the state.According to the companies, the collaboration will enable faster availability of high-capacity BESS and hybrid inverter systems through reduced ..