Archive · 25 Jul 2025
CPCL Reports Net Loss in Q1 Due to Price Fluctuations
Imagine a company called CPCL that turns oil into useful products.
In the first part of 2025, they lost some money, about 40 crore rupees.
This is because the cost of oil changed a lot, and they didn't sell as much.
Even though they lost money, they still did a good job of turning oil into products, even more than last year.
Their income was less than the last year.
They also didn't make as much money from each barrel of oil they processed.
The company's stock price also went down a bit.
Chennai Petroleum Corporation Ltd (CPCL) reported a net loss of ₹40 crore in Q1 2025.
Revenue for CPCL was down 8% to ₹18,683 crore compared to the previous year.
The loss was attributed to crude oil price fluctuations and decreased sales.
CPCL's crude throughput reached 2.981 million tonnes, with 114% capacity utilization.
The gross refining margin declined to $3.22 per barrel due to inventory losses.
- Who
- Chennai Petroleum Corporation Ltd (CPCL).
- What
- CPCL reported a net loss of ₹40 crore in Q1 and saw a decline in revenue.
- When
- The financial results are for the first quarter ended June 30, 2025.
- Where
- The report concerns the financial performance of CPCL.
- Why
- The loss was due to fluctuating crude oil prices and decreased sales.
- Net Loss
- ₹40 crore
- Revenue
- ₹18,683 crore
- Revenue Change
- Down 8%
- Crude Throughput
- 2.981 million tonnes
- Capacity Utilization
- 114%
- GRM
- $3.22 per barrel
- Share Price Drop
- ₹69.55 (-9.13%)