Chennai Petroleum Corporation Q1FY23 Result: PAT surges up by 135.3% to ₹2,358 Cr QOQ and 4,061.7% YoY

Q1 results 2022 of Chennai Petroleum Corporation shows a consolidated Net Profit of ₹2,357.62 crore in the financial year ended on June 30, 2022 as against ₹56.65 crore for the same quarter ended on last year June 30, 2021. The PAT surges up by 4,061.73%

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Chennai Petroleum Corporation Ltd is a subsidiary of Indian Oil Corporation which is under the ownership of Ministry of Petroleum and Natural Gas of the government of India. CPCL has two refineries with a combined refining capacity of 10.5 Million Tonnes Per Annum.

CPCL posted its Q1FY23 financial results on July 25, 2022, the details are as below :

(I) Unaudited Consolidated Financial Results for Quarter Ended (QOQ comparison):

Chennai Petroleum Corporation Q1 results 2022 reported, a consolidated Total Income of ₹27,453.46 crore in the quarter ended on June 30, 2022 as against ₹21,010.47 crore in the last quarter ended on Mar 31, 2022, increased by 30.66%.

The company has posted a consolidated Net Profit of ₹2,357.62 crore in the quarter ended on March 31, 2022 as against ₹1,001.92 crore in the previous quarter ended on June 30, 2022. The PAT surges up by 135.31%.

The status of the EPS stood at ₹158.32 as on March 31, 2022 compared to the previous quarter ended on June, 2022 which was ₹67.28, up by 135.32%.

₹*June 30, 2022 (Q1FY23)Mar 31, 2022 (Q4FY22)
Total Income27,453.4621,010.47
Total Expenses24254.2019643.54
PBT /(Loss)3198.131374.49
Total Tax /(credit)840.51372.57
PAT /(Loss) [to the owners]2,357.621,001.92
*figures are in Crores

(II) Unaudited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹27,453.46 crore in the financial year ended on June 30, 2022 as against ₹12,799.17 crore for the same quarter ended on last year June 30, 2021 that increased by 114.49%.

Q1 results 2022 of CPCL shows a consolidated Net Profit of ₹2,357.62 crore in the financial year ended on June 30, 2022 as against ₹56.65 crore for the same quarter ended on last year June 30, 2021. The PAT surges up by 4,061.73%.

The status of the EPS stood at ₹158.32 as on June 30, 2022 compared to the quarter ended on last year June 30, 2021 which was ₹3.80, up by 4,066.32%.

₹*June 30, 2022 (Q1FY23)June 30, 2021 (Q1FY22)
Total Income27,453.4612,799.17
Total Expenses24254.2012725.34
PBT /(Loss)3198.1376.77
Total Tax /(credit)840.5120.12
PAT /(Loss) [to the owners]2,357.6256.65
*figures are in Crores

Chennai Petroleum Corporation Ltd

Shares of Chennai Petroleum Corporation Limited was last trading in BSE at ₹279.90 as compared to the previous close of ₹277.50. The total number of shares traded during the day was 198349 in over 4371 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 316.15
  • Intraday low of ₹ 307.00
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