Chennai Petroleum Corporation Limited reported earnings results for the second quarter and six months ended September 30, 2024. For the second quarter, the company reported sales was INR 120,864 million compared to INR 165,446.4 million a year ago. Revenue was INR 144,291.1 million compared to INR 200,121.3 million a year ago. Net loss was INR 6,336.9 million compared to net income of INR 11,954.1 million a year ago. Basic loss per share from continuing operations was INR 42.56 compared to basic earnings per share from continuing operations of INR 80.28 a year ago.
For the six months, sales was INR 291,815.5 million compared to INR 312,896.4 million a year ago. Revenue was INR 347,945.6 million compared to INR 380,001.5 million a year ago. Net loss was INR 2,766.1 million compared to net income of INR 17,519.1 million a year ago. Basic loss per share from continuing operations was INR 18.58 compared to basic earnings per share from continuing operations of INR 117.65 a year ago.