Chennai Petroleum Corporation touches roof on reporting 4-fold jump in Q4 consolidated net profit
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Chennai Petroleum Corporation is locked its upper circuit limit at Rs. 279.20, up by 25.35 points or 9.99% from its previous closing of Rs. 253.85 on the BSE.
The scrip opened at Rs. 267.00 and has touched a high and low of Rs. 279.20 and Rs. 262.00 respectively. So far 687622 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 263.35 on 28-Apr-2022 and a 52 week low of Rs. 94.65 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 263.35 and Rs. 218.20 respectively. The current market cap of the company is Rs. 4157.61 crore.
The promoters holding in the company stood at 67.29%, while Institutions and Non-Institutions held 8.73% and 23.98% respectively.
Chennai Petroleum Corporation has reported 4-fold jump in its net profit at Rs 994.42 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 231.79 crore for the same quarter in the previous year. Total income of the company increased by 42.59% at Rs 21010.46 crore for Q4FY22 as compared Rs 14734.43 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 4-fold jump in its net profit at Rs 1001.92 crore for fourth quarter and year ended March 31, 2022 as compared to Rs 241.98 crore for the same quarter in the previous year. Total income of the company increased by 42.59% at Rs 21010.47 crore for Q4FY22 as compared Rs 14734.44 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported above 5-fold jump in its net profit at Rs 1342.42 crore as compared to Rs 237.56 crore for the previous year. Total income of the company increased by 44.02% at Rs 60497.95 crore for year under review as compared to Rs 42005.95 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported 5- fold jump in its net profit at Rs 1352.03 crore as compared to Rs 257.26 crore for the previous year. Total income of the company increased by 44.03% at Rs 60492.03 crore for year under review as compared to Rs 42000.04 crore for year ended March 31, 2021.
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