The revenues of the operations for FY25 amounted to ₹ 71,050 million rupees, lower than the ₹ 79,272 million rupees registered in the fiscal year24. | Photo credit: Veankanni Raj B
Chennai Petroleum Corporation LTD (CPCL) reported a strong decrease in net profits for the quarter of March and the full fiscal year Fy25 due to a fall in gross refining margins (GRM) and general physical performance.
Despite the decrease in profitability, the Board of Directors has recommended or ₹ 5 per capital action (that is, 50 percent on the nominal value of ₹ 10 per capital action) for fiscal year 2024-25.
On a consolidated basis, the profits after taxes for the quarter of March 2025 and the year in fiscal year 2015 were ₹ 470 million rupees (against ₹ 628 million rupees) and ₹ 214 million rupees (against ₹ 2,745 million rupees), respectively.
The revenues of the operations for FY25 amounted to ₹ 71,050 million rupees, lower than the ₹ 79,272 million rupees registered in the fiscal year24. In the fourth quarter of fiscal year 2015, CPCL registered registered income of ₹ 20,581 million rupees compared to ₹ 20,823 million rupees, the corresponding quarter of the FY24. The company’s average gross refining margin (GRM) for FY25 was $ 4.22 per barrel, much less than $ 8.64 per barrel in fiscal year 2014. The Althegh CPCL manali refinery has a capacity for identification plate or 10.5 million tons (MT), the company achieved raw performance or 10,454 TM in the 2015 11,642 mt Achiesasical was his atia.
“The raw performance achieved in fiscal year 2015 was despite the main maintenance and inspection closure made in several process units such as CDU-II, FCCU, DCU and OHCU,” said a company statement.
The CPCL debt-capital ratio increased to 0.39 axis or March 31, 2025, compared to the 0.32 axis of March 31, 2024. The net worth of the company decreased, in ₹ 7,938.5 million rupees in March 2025 compared to ₹ 8,593 million rupees.
Posted on April 27, 2025