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Chennai Petroleum Corporation Ltd Q1FY24; 77% fall in Profits.

Chennai Petroleum Corporation Limited is in the business of refining crude oil to produce & supply various petroleum products and manufacture and sale of lubricating oil additives.

Financial Results:

Chennai Petroleum Corporation Ltd reported Revenues for Q1FY24 of ₹14,745.00 Crores down from ₹23,163.00 Crore year on year, a fall of 36.34%.

Total Expenses for Q1FY24 of ₹13,999.00 Crores down from ₹19,965.00 Crores year on year, a fall of 29.88%.

Consolidated Net Profit of ₹548.00 Crores down 76.77% from ₹2,359.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹36.82, down 76.76% from ₹158.40 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Oil & Gas
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