Chennai Petroleum (500110) Q2 26/27 earnings summary

Executive summary

• H1 FY27 standalone revenue was ₹51,414.20 crore and net profit ₹3,287.96 crore; average GRM rose to $14.34/bbl from $6.17/bbl YoY.

• Q2 FY27 standalone net profit was ₹2,271.29 crore; the Board declared an interim dividend of ₹25/share.

Financial highlights

• Q2 standalone revenue ₹22,055.45 crore vs ₹20,033.62 crore YoY; net profit ₹2,271.29 crore vs ₹731.55 crore.

• H1 standalone revenue ₹51,414.20 crore vs ₹38,716.98 crore; net profit ₹3,287.96 crore vs ₹674.93 crore.

• Q2 consolidated net profit ₹2,247.03 crore vs ₹719.19 crore YoY; H1 net profit ₹3,278.38 crore vs ₹679.27 crore.

• Standalone EPS was ₹152.53 in Q2 and ₹220.80 for H1; consolidated EPS was ₹150.90 and ₹220.16, respectively.

Segment performance

• Operations are reported as one segment, Petroleum Sector; Q2 crude throughput was 2.590 MMT vs 3.013 MMT YoY, and H1 throughput was 5.438 MMT vs 5.994 MMT.

• Joint ventures and associate contributed ₹10.62 crore profit in Q2 and ₹25.30 crore in H1; the related financial information was unaudited and deemed not material by the auditor.