Chennai Petroleum Corporation Share Price Rises 9.30% After Strong Q2 Earnings

Chennai, October 30: Chennai Petroleum Corporation’s share price witnessed a heavy rally today, after the company reported strong Q2 earnings. At the market close, Chennai Petroleum Corporation’s stock price ended higher by 9.30%, or 75.30 points, at ₹885. The shares made an intraday high of ₹892 and an intraday low of ₹806.50. The shares have their 52-week high at ₹892 and their 52-week low at ₹433.

Chennai Petroleum Corporation Limited is an Indian company that refines crude oil. The company was established in 1965 and is headquartered in Chennai, Tamil Nadu. The shares of the company are listed on NSE with the ticker symbol CHENNPETRO and on BSE with the code 500110.

Chennai Petroleum Corporation Q2 FY26 Financial Highlights

In Q2 FY26, Chennai Petroleum Corporation’s revenue from operations rose by 38.9% year-on-year to ₹20,034 crore from ₹14,424 crore in Q2 FY25. Profit before tax was at ₹994 crore, compared to a loss of ₹857 crore last year. Profit after tax stood at ₹732 crore against a loss of ₹629 crore in Q2 FY25. The gross refining margin (GRM) rose to US$9.04 per barrel from a negative US$1.63 per barrel.

Operationally, the company’s crude throughput was 3.013 million metric tonnes (MMT) in the quarter, up from 2.098 MMT a year ago. It had 114% capacity utilisation and a distillate yield of 80%.

For the half year ended September 30, 2025, revenue from operations stood at ₹38,717 crore, higher than ₹34,786 crore in the previous year. Profit after tax was ₹675 crore compared to a loss of ₹287 crore.

Overall the company posted strong financials for the quarter ending September 30. The strong financials boosted investor sentiments, with high demand for the shares increasing its share price today.

REF: https://nsearchives.nseindia.com/corporate/CHENNPETRO_27102025152329_Reg30_-_Q2_Results.pdf

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