Chennai Petro shares surge 7% after Q2 profit versus a loss in June

Chennai Petroleum Corporation Ltd. announced its September quarter (Q2FY26) earnings on Monday, October 27. The company posted a net profit of ₹719 crore, compared to a loss of ₹40 crore in the previous quarter.

Chennai Petro's revenue surged 10% sequentially to ₹16,326.7 crore from ₹14,812.2 crore.



The company's EBITDA jumped sharply to ₹1,144 crore from ₹98.5 crore in the June quarter, while margins expanded to 7% from 0.66% sequentially.

Following the earnings announcement, shares of Chennai Petroleum Corporation Ltd. are now trading 3% higher at ₹793.85. The stock surged 7% from day's low to hit an intraday high of ₹794.85. The stock is up 26% so far in 2025.