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CPCL posts 2x Q2 profit, declares ₹25 dividend

Business StandardRead the original23 Oct 2026

CPCL posts 2x Q2 profit, declares ₹25 dividend. Chennai Petroleum Corporation reported a two-fold increase in Q2 profit after tax, driven by strong refining margins and higher throughput. The company announced a dividend of ₹25 per share, boosting investor sentiment. Its stock rose 5% despite a weak broader market.

📊 STOCKS: $CPCL | 🏢 SECTOR: Refinery | #HIGHIMPACT #Earnings

#Earnings#Dividend#Refinery
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