Chennai Petroleum Q4 Revenue Soars 33.5%

26 Apr 2025 , 10:33 PM

Chennai Petroleum Corporation Ltd., a unit of Indian Oil Corporation Ltd., posted its financials for the quarter ended March 31, 2025, much higher. The company has reported revenue of ₹17,249 crore in the March quarter, a 33.5% increase from ₹12,922 crore reported in the December 2024 quarter.

The EBITDA for the quarter stood at ₹784.6 crore, much higher than the previous level. The EBITDA margin also witnessed a strong growth, standing at 4.6% in Q4 FY25, from 1.9% in the previous quarter, due to increased operational efficiency and increasing profitability.

The board of directors proposes a final dividend of ₹5 per face value of ₹10 each for the year 2024-2025. Subsequently, the record date for the shareholders who are eligible to receive the dividend would be notified.

The last dividend would be dispatched within 30 days of the date of declaration during the Company’s forthcoming Annual General Meeting (AGM), according to the company’s regulatory filing.

Market participants and investors reacted positively to the strong quarterly numbers and dividend declaration, boosting momentum in CPCL share price. CPCL continues to be a significant contributor to India’s refining and energy sector and is a strategic Indian Oil Corporation subsidiary.