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Chennai Petroleum Corporation reports 4-fold jump in Q4 consolidated net profit

28 Apr 2022 Evaluate

Chennai Petroleum Corporation has reported results for fourth quarter and year ended March 31, 2022.

The company has reported 4-fold jump in its net profit at Rs 994.42 crore for the quarter under review as compared to Rs 231.79 crore for the same quarter in the previous year. Total income of the company increased by 42.59% at Rs 21010.46 crore for Q4FY22 as compared Rs 14734.43 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 4-fold jump in its net profit at Rs 1001.92 crore for the quarter under review as compared to Rs 241.98 crore for the same quarter in the previous year. Total income of the company increased by 42.59% at Rs 21010.47 crore for Q4FY22 as compared Rs 14734.44 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported above 5-fold jump in its net profit at Rs 1342.42 crore as compared to Rs 237.56 crore for the previous year. Total income of the company increased by 44.02% at Rs 60497.95 crore for year under review as compared to Rs 42005.95 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported 5- fold jump in its net profit at Rs 1352.03 crore as compared to Rs 257.26 crore for the previous year. Total income of the company increased by 44.03% at Rs 60492.03 crore for year under review as compared to Rs 42000.04 crore for year ended March 31, 2021.

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