FilingReader Intelligence
Chennai Petroleum swings to $57m loss on inventory hits
July 25, 2025 at 05:19 PM UTC•By FilingReader AI
Chennai Petroleum Corporation Limited swung to a loss after tax of ₹57 crore for the quarter ended June 30, from a ₹343 crore profit in the same period last year.
Revenue from operations fell to ₹18,683 crore from ₹20,361 crore. Gross refining margin dropped to $3.22 per barrel from $6.33 per barrel, primarily due to inventory losses of $1.9 per barrel.
On a consolidated basis, the company posted a ₹40 crore loss versus a ₹357 crore profit in Q1 FY2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
BSE:CHENNPETRO•Bombay Stock Exchange
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