Net profit of Chennai Petroleum Corporation declined 92.50% to Rs 23.61 crore in the quarter ended September 2018 as against Rs 314.84 crore during the previous quarter ended September 2017. Sales rose 60.96% to Rs 12004.06 crore in the quarter ended September 2018 as against Rs 7457.93 crore during the previous quarter ended September 2017.

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Chennai Petroleum Corporation Ltd fell 3.96% today to trade at Rs 252. The S&P BSE Energy index is down 1.02% to quote at 4092.24. The index is down 12.37 % over last one month. Among the other constituents of the index, Bharat Petroleum Corporation Ltd decreased 2.35% and Hindustan Petroleum Corporation Ltd lost 2.05% on the day. The S&P BSE Energy index went down 5.16 % over last one year compared to the 2.31% surge in benchmark SENSEX.

Chennai Petroleum Corporation Ltd has lost 9.84% over last one month compared to 12.37% fall in S&P BSE Energy index and 6.05% drop in the SENSEX. On the BSE, 14724 shares were traded in the counter so far compared with average daily volumes of 61492 shares in the past one month. The stock hit a record high of Rs 477.1 on 31 Oct 2017. The stock hit a 52-week low of Rs 221.2 on 09 Oct 2018.

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Net profit of Chennai Petroleum Corporation declined 91.42% to Rs 27.04 crore in the quarter ended September 2018 as against Rs 315.08 crore during the previous quarter ended September 2017. Sales rose 60.96% to Rs 12004.06 crore in the quarter ended September 2018 as against Rs 7457.92 crore during the previous quarter ended September 2017.

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Chennai Petroleum Corporation will hold a meeting of the Board of Directors of the Company on 29 October 2018.

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