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Chennai Petroleum Corporation Ltd Q2FY24; 4154% rise 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 Q2FY24 of ₹16,545.00 Crores down from ₹19,509.00 Crore year on year, a fall of 15.19%.

Total Expenses for Q2FY24 of ₹14,962.00 Crores down from ₹19,483.00 Crores year on year, a fall of 23.2%.

Consolidated Net Profit of ₹1,191.00 Crores up 4153.57% from ₹28.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹79.95, up 4,175.40% from ₹1.87 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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