Chennai Petroleum posted strong Q4 operations with crude throughput at 113% capacity and refinery utilization remaining high. Q4 GRM stood at $6.22/bbl, well above the Singapore benchmark; full-year throughput was 10.45 MMT at 99.5% capacity. Debt is Rs. 3,100 Cr, net worth Rs. 7,939 Cr, with a Rs. 5/share dividend. Management highlighted stable crude sourcing, plans for a 9 MMT Cauvery JV refinery (Rs. 36,000 Cr capex), and growth opportunities in the southern retail market amid fuel shortages. Focus remains on efficiency, margin resilience, and developing value-added products like pharma-grade hexane and sustainable aviation fuel. Sentiment is operationally confident with cautious market awareness.
All announcements from Chennai Petroleum Corporation Limited