Chennai Petroleum Corporation Share Price Falls Over 3% After Q1 FY27 Earnings Results: Total Income Up 57.2% YoY

On July 23, 2026, Chennai Petroleum Corporation Limited (CPCL) reported a substantial increase in its total income for the quarter ended June 30, 2026, as per the exchange filings. 

The company reported a total income of ₹29,376.45 crore and net profit of ₹1,031.35 crore for the quarter ended June 30, 2026.   

Chennai Petroleum Corporation Q1 FY27 Earnings Results 

In the June 2026 quarter, Chennai Petroleum Corporation Limited achieved a 57.2% year-on-year (YoY) growth, with income rising to ₹29,376.45 crore compared to ₹18,692.74 crore in the same quarter the previous year.  

The total income increased by 43.5% quarter-on-quarter (QoQ) from ₹20,476.14 crore in the March 2026 quarter.  

The company's net profit for the June 2026 quarter stood at ₹1,031.35 crore, a significant turnaround from a net loss of ₹40.10 crore in the corresponding quarter of the previous year.  

However, this represents a 27.5% decline from the net profit of ₹1,421.85 crore reported in the March 2026 quarter. 

Annual Financial Overview for FY26 

For the financial year 2025-26, Chennai Petroleum Corporation Limited reported a total income of ₹78,676.14 crore. The company's net profit for the year amounted to ₹3,102.70 crore, reflecting its robust financial performance over the year. 

Read More: BPCL Share Price in Focus After Q1 FY27 Earnings Results: Total Income Up 23.3% YoY! 

Operating Expenses and Feedstock Costs 

Operational expenditures climbed across multiple categories alongside expanding processing volumes during the three-month period.  

The standalone cost of materials consumed jumped to ₹25,708.27 crore from ₹14,209.04 crore year-on-year.  

Conversely, excise duty expenses decreased significantly to ₹1,989.48 crore down from ₹3,871.26 crore in the prior year's first quarter.  

Meanwhile, general employee benefit expenses rose to ₹140.60 crore. Total standalone expenses reached ₹28,010.89 crore, leaving a pre-tax profit of ₹1,365.56 crore. 

Refining Throughput and Margins 

Physical and financial operational efficiency benchmarks shifted during the initial months of the financial year. CPCL recorded an overall standalone crude throughput of 2.848 million metric tonnes (MMT) during the quarter.  

The refinery's average Gross Refining Margin (GRM) improved substantially to US $8.78 per barrel. This operational margin represents a stark increase from the US $3.22 per barrel logged in the same period last year.  

Furthermore, basic and diluted earnings per equity share (EPS) surged to ₹68.27 from negative ₹3.80 year-on-year. 

Chennai Petroleum Corporation Share Price Performance 

As of July 23, 2026, at 2:10 PM, Chennai Petroleum Corporation share price on NSE was trading at ₹1,259.50, down by 3.69% from the previous closing price. 

Conclusion 

Chennai Petroleum Corporation Limited's total income for the June 2026 quarter rose by 57.2% YoY to ₹29,376.45 crore, while net profit reached ₹1,031.35 crore. For FY26, total income was ₹78,676.14 crore, with a net profit of ₹3,102.70 crore. 

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