Chennai Petroleum Corporation Limited reported a strong sequential performance for the quarter ended March 31, 2026, with growth across revenue, profitability and operating margins.
The company posted a net profit of ₹1,421 crore in Q4FY26, marking a 42% increase quarter-on-quarter compared to ₹1,002 crore in the December quarter.
Revenue from operations stood at ₹16,817 crore, rising 7% QoQ from ₹15,683 crore, indicating steady improvement in business momentum during the quarter.
At the operating level, EBITDA came in at ₹2,035 crore, up 38% QoQ from ₹1,478 crore in Q3FY26. EBITDA margin improved significantly to 12.1%, compared to 9.4% in the previous quarter, reflecting better operational efficiency and margin expansion.
The improvement in margins suggests a stronger refining environment and better cost control during the quarter, supporting overall profitability growth.
The Board of Directors has recommended a final equity dividend of ₹54 per share (540%) for the financial year 2025-26, subject to approval by shareholders at the ensuing Annual General Meeting (AGM). The final dividend will be paid within 30 days from the date of declaration at the AGM. This is in addition to the interim dividend of ₹8 per share declared during FY26. The record date for the final dividend will be intimated in due course.
Overall, the company delivered a solid quarter-on-quarter performance, driven by higher earnings and a sharp improvement in operating margins.