CPCL Posts ₹40 Cr Q1 Loss

  Published 9 months ago

CPCL reports ₹40 crore net loss in Q1 FY26 as GRM and sales decline; refining operations remain strong with record efficiency.

  • Revenue down 8.24% YoY to ₹18,683 crore; net sales fell 13.4% to ₹14,812.23 crore.
  • GRM slumped to $3.22/barrel due to $1.9 inventory loss vs $1.1 gain last year, hitting profitability.
  • Crude throughput rose to 2.98 MMT with 114% capacity use and a best-ever 80% distillate yield.

You might like these

Tata Communications Boosts Intra-Asia Connectivity

India's Copper Policy Attracts Foreign Smelters

Apple's Walled Garden Cracks: New Payment Options

Rupee Trends and RBI Insights

China Calls for End to Auto Price Wars

Wipro Expands in Saudi Arabia with New Office and Tech Training Center

RBI May Shift Focus to Call Money Rate

News that matters the most ⚡