Chennai Petroleum Corporation Ltd Share Price – NSE /  BSE

Refineries, Small Cap

The setting up of retail outlets for the sale of petrol and diesel has been initiated by Chennai Petroleum Corporation (CPCL), marking its re-entry into the direct fuel retail segment nearly two decades after its earlier exit. Approval for this initiative has been granted by the Ministry of Petroleum and Natural Gas.

An initial capital expenditure of approximately Rs 400 crore has been earmarked for this project over the next two to three years. The first phase of retail outlets is expected to be launched during CPCL's Diamond Jubilee year, with site selection being carried out based on market potential and strategic location analysis.

The rollout is being approached cautiously, with further expansion into other states planned based on market response and prevailing conditions. The initiative is aimed at addressing existing market demand and expanding CPCL's presence in the fuel retail segment.

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The Ministry of Petroleum & Natural Gas has conveyed the approval of the Government of India to Chennai Petroleum Corporation, to exercise the Retail Marketing Rights to market Motor Spirit (MS) and High Speed Diesel (HSD) on 27 May 2025.

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Net profit of Chennai Petroleum Corporation declined 25.16% to Rs 469.93 crore in the quarter ended March 2025 as against Rs 627.89 crore during the previous quarter ended March 2024. Sales declined 2.66% to Rs 17249.12 crore in the quarter ended March 2025 as against Rs 17720.18 crore during the previous quarter ended March 2024.

For the full year,net profit declined 92.20% to Rs 214.09 crore in the year ended March 2025 as against Rs 2745.07 crore during the previous year ended March 2024. Sales declined 10.59% to Rs 59356.02 crore in the year ended March 2025 as against Rs 66385.73 crore during the previous year ended March 2024.

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Net profit of Chennai Petroleum Corporation declined 26.52% to Rs 449.96 crore in the quarter ended March 2025 as against Rs 612.38 crore during the previous quarter ended March 2024. Sales declined 2.66% to Rs 17249.10 crore in the quarter ended March 2025 as against Rs 17720.18 crore during the previous quarter ended March 2024.

For the full year,net profit declined 93.60% to Rs 173.53 crore in the year ended March 2025 as against Rs 2711.25 crore during the previous year ended March 2024. Sales declined 10.59% to Rs 59355.98 crore in the year ended March 2025 as against Rs 66385.44 crore during the previous year ended March 2024.

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