Chennai Petroleum (CPCL) Q3 Results: Profit Zooms 9,200%

Chennai Petroleum Corporation (CPCL), an Indian Oil (IOC) group company, announced its December 2025 quarter results on Friday, reporting an explosive growth in profit.

Key Q3 Numbers (Standalone):

• Revenue: ₹19,438 crore (Up 24% from last year)

• Net Profit: ₹987 crore (Up 9,248% from last year)

• Earnings Per Share (EPS): ₹66.30 (vs ₹0.71 last year)

What Drove This Huge Profit?
The massive jump is mainly due to a sharp improvement in Gross Refining Margin (GRM)—the difference between the cost of crude oil and the price of refined products sold.

• CPCL's GRM (Apr-Dec 2025): $7.72 per barrel

• CPCL's GRM (Apr-Dec 2024): $3.40 per barrel
  This 127% improvement means the company earned much more on every barrel of oil it processed.

9-Month View (Apr-Dec 2025):
The company has made a complete turnaround this financial year.

• Cumulative Revenue: ₹58,155 crore

• Cumulative Net Profit: ₹1,662 crore (Was a loss of ₹282 crore same period last year)

Other Important Points:

• Refinery Runs: The company processed 9.2% more crude oil this quarter compared to last year.

• Audit: The results are audited by R.G.N. Price & Co., who have given a clean opinion.

• Availability: Full results are on BSE, NSE, and the CPCL website.

Bottom Line:
CPCL's Q3 performance is exceptionally strong, driven by highly favorable refining margins. The company has successfully turned last year's losses into significant profits for the 9-month period.