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Chennai Petroleum Corporation reports many fold jump in Q1 consolidated net profit

26 Jul 2022 Evaluate

Chennai Petroleum Corporation has reported results for first quarter ended June 30, 2022.

The company has reported many fold jump in its net profit at Rs 2,358.79 crore for the quarter under review as compared to Rs 53.73 crore for the same quarter in the previous year. Total income of the company increased by 2-fold at Rs 27,453.46 crore for Q1FY23 as compared Rs 12,799.17 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported many fold jump in its net profit at Rs 2,357.62 crore for the quarter under review as compared to Rs 56.65 crore for the same quarter in the previous year. Total income of the company increased by 2-fold at Rs 27,453.46 crore for Q1FY23 as compared Rs 12,799.17 crore for the corresponding quarter previous year.

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