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Chennai Petroleum Corporation reports consolidated net loss of Rs 214 crore in Q2

17 Oct 2019 Evaluate

Chennai Petroleum Corporation has reported results for second quarter ended September 30, 2019.

The company has reported a net loss of Rs 212.97 crore for the quarter under review as compared to net profit of Rs 27.04 crore for the same quarter in the previous year. Total income of the company decreased by 19.18% at Rs 12207.46 crore for Q2FY20 as compared Rs 15103.97 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a net loss of Rs 213.64 crore for the quarter under review as compared to net profit of Rs 23.61 crore for the same quarter in the previous year. Total income of the company decreased by 19.18% at Rs 12201.54 crore for Q2FY20 as compared Rs 15098.06 crore for the corresponding quarter previous year.

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