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Chennai Petroleum Corporation reports many fold jump in Q2 consolidated net profit

25 Oct 2023 Evaluate

Chennai Petroleum Corporation has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported many fold jump in its net profit at Rs 1190.56 crore for Q2FY24 as compared to Rs 27.88 crore for the same quarter in the previous year. However, total income of the company decreased by 12.61% at Rs 20014.83 crore for Q2FY24 as compared Rs 22904.07 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported many fold jump in its net profit at Rs 1195.41 crore for the quarter under review as compared to Rs 16.93 crore for the same quarter in the previous year. However, total income of the company decreased by 12.60% at Rs 20012.13 crore for Q2FY24 as compared Rs 22896.00 crore for the corresponding quarter previous year.


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