Chennai Petroleum Corp Q4 profit soars 203% YoY to ₹1,422 crore; ₹54 per share dividend recommended

In the corresponding period of the previous fiscal year, the Indian Oil Corporation subsidiary had logged a profit of ₹469.93 crore, according to a regulatory filing.

However, its revenue from operations stood at ₹20,455.29 crore during the quarter under review, marking a 0.6% YoY decline from ₹20,580.65 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

Its total expenses also decreased annually, falling 7.12% YoY to ₹18,585.72 crore in the quarter ended March 31, 2026, compared to ₹20,011.28 crore in the year-ago period.

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, soared 159.44% YoY to ₹2,036 crore for the reporting quarter, as against ₹785 crore in Q4 FY25.

Its EBITDA margin expanded to 9.95% in Q4 FY26, in comparison with 3.81% in the January-March quarter of FY25.

Dividend recommended

CPCL’s board of directors also recommended a final equity dividend of 540% for FY26, i.e., ₹54 per equity share with a face value of ₹10 each on the paid-up share capital, subject to the approval of shareholders at the ensuing Annual General Meeting (AGM).

“The final dividend would be paid within 30 days from the date of declaration at the AGM,” it added.

The record date for payment of the final dividend would be intimated in due course, it stated.

This is in addition to the interim equity dividend of ₹8 per equity share declared by the company during FY26.

The board also recommended a preference dividend of 6.65% on the outstanding preference shares up to the date of redemption, i.e., September 23, 2025, amounting to ₹15.94 crore for the year 2025-26.

Chennai Petroleum Corporation

Shares of Chennai Petroleum Corporation dropped as much as 6.95% to hit an intraday low of ₹995 apiece on the National Stock Exchange (NSE) on Friday, following the results.

At around 2:21 AM, the stock was trading 5.52% lower at ₹1,010.30 per equity share.

While the scrip has fallen more than 3% in the past week, it has advanced 1% over the month. On a year-to-date basis, it has gained 18%.

Chennai Petroleum Corporation has a total market capitalisation of ₹15,173.33 crore as of April 24, 2026, according to data on the NSE.