CPCL's Remarkable Turnaround: From Losses to Profits in a Quarter

Chennai Petroleum Corporation Ltd (CPCL) has announced a significant financial recovery, reporting a net profit of Rs 719 crore for the second quarter of the financial year 2025-26, reversing previous losses.

The subsidiary of Indian Oil Corporation leveraged strong refinery margins, processing more crude oil to deliver this turnaround. The company’s revenue increased significantly, climbing to Rs 20,040 crore due to improved fuel production and operating performance.

CPCL processed 3.013 million tonnes of crude oil in the recent quarter, marking a significant increase over the previous quarters and reflecting in their profit resurgence.