Chennai Petroleum Corporation Limited (CPCL) reported strong financial results for Q3 FY2025-26. The company achieved a crude throughput of 2.79 MMT, leading to a capacity utilization of 105%. Profit Before Tax reached ₹1317 crore, and Profit After Tax was ₹987 crore. The Gross Refining Margin (GRM) improved to US$ 10.97 per barrel. CPCL continues to focus on operational excellence and energy efficiency.
Operational Highlights
CPCL showcased strong operational performance in Q3 FY2025-26, achieving a crude throughput of 2.79 million metric tonnes (MMT), compared to 2.55 MMT in the same quarter of the previous year. This translated to a capacity utilisation of 105%.
Financial Performance: Q3 FY26
For the quarter ended December 31, 2025, CPCL’s Revenue from Operations stood at ₹19,438 crore, compared to ₹15,683 crore in the corresponding period last year. The company reported a Profit Before Tax (PBT) of ₹1317 crore and a Profit After Tax (PAT) of ₹987 crore, compared to PBT of ₹14 crore and PAT of ₹10 crore in the same quarter last year.
Nine-Month Performance
For the nine months ended December 31, 2025, Revenue from Operations was ₹58,155 crore, compared to ₹50,469 crore in the previous year. CPCL reported a Profit Before Tax of ₹2231 crore and a Profit After Tax of ₹1662 crore, as against a Profit Before Tax (Loss) of ₹374 crore and Profit After Tax (Loss) of ₹276 crore in the prior year period.
Gross Refining Margin (GRM)
The Gross Refining Margin (GRM) for the quarter improved to US$ 10.97 per barrel, compared to US$ 4.29 per barrel in the same period last year. For the nine months ended, the GRM stood at US$ 7.72 per barrel, against US$ 3.40 per barrel in the previous year.
Consolidated Results
On a consolidated basis, for the nine months ended December 31, 2025, CPCL recorded a Profit After Tax of ₹ 1681 crore, and for the three months ended December 31, 2025, CPCL recorded a Profit After Tax of ₹ 1002 crore.
Source: BSE
