Chennai Petroleum Q2 Profit Surges to ₹2,300 Crore, Beating Estimates

Key Facts

1Chennai Petroleum reported a Q2 standalone net profit of ₹2,300 crore, exceeding consensus estimates of ₹2,010 crore.

2Operating EBITDA margins widened significantly to 14.5% from 5.30% on a sequential basis.

Chennai Petroleum Corporation reported a standalone net profit of ₹2,300 crore for the second quarter of fiscal 2026, beating consensus estimates of ₹2,010 crore. Sahi reported that the profit surged from ₹1,000 crore in the previous quarter, even as revenue moderated to ₹22,000 crore during the period.

Operating EBITDA margins widened significantly to 14.5% from 5.30% on a sequential basis. This surge in profitability was driven by improved operating efficiency and margin expansion, allowing the refiner to double its operating profit despite softer gross revenue and volatile global crude price dynamics.