Chennai Petroleum Corporation Limited (CPCL) reported robust financial results for the fiscal year ending March 31, 2026. The company posted a significant annual profit and recommended a final equity dividend of 540%, or ₹54 per share, in addition to the interim dividend of ₹8 per share. The results highlight improved refining margins and strong operational performance throughout the fiscal year, with total annual revenue reaching ₹78,610.66 crore on a standalone basis.
Fiscal Year 2026 Financial Highlights
Chennai Petroleum Corporation Limited has delivered impressive financial growth for the financial year 2025-26. The company achieved a standalone revenue from operations of ₹78,610.66 crore, marking a substantial increase compared to the previous year. The standalone net profit for the year stood at ₹3,061.85 crore, demonstrating a strong recovery and operational efficiency compared to the ₹173.53 crore reported in FY 2024-25.
Dividend and Shareholder Returns
Reflecting the company’s solid financial health, the Board of Directors has recommended a final equity dividend of 540%, amounting to ₹54.00 per equity share with a face value of ₹10 each. This is supplementary to the interim dividend of ₹8.00 per share already declared during the fiscal year. Additionally, the Board recommended a preference dividend of 6.65% on outstanding preference shares up to their redemption date of September 23, 2025, totaling ₹15.94 crore.
Operational Performance
The company maintained consistent operational levels throughout the year, with a total annual crude throughput of 11.710 MMT. The Average Gross Refining Margin (GRM) for the period of April 2025 to March 2026 improved significantly to US$ 9.28 per barrel, compared to US$ 4.22 per barrel in the corresponding period of the previous year. These metrics underscore the company’s enhanced operational profitability in the petroleum sector.
Consolidated Results
On a consolidated basis, the performance remains equally strong, with a net profit of ₹3,102.70 crore for the year ended March 31, 2026. The company continues to operate within the petroleum sector as its primary business segment, leveraging its strategic partnerships and investments to support long-term growth and value creation for its shareholders.
Source: BSE