ALPHA TRIBE

Chennai Petroleum Corporation LimitedOthers, 25-08-2025: Shareholders meeting

25-08-2025 | 03:14 pm

Chennai Petroleum Corporation's 59th Annual General Meeting approved financial statements and a ₹5 per equity share dividend for FY 2024-25. The company reported a robust turnover of ₹70,963 Cr and Profit After Tax of ₹174 Cr, alongside strong 10.45 MMT crude throughput and recent 114% capacity utilization. Strategically, CPCL is entering retail petroleum marketing with ₹400 Cr capex to diversify revenue, while reconfiguring the Cauvery Basin Refinery project towards petrochemicals. Key board appointments were also approved, focusing on operational excellence and sustainability.

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