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Chennai Petroleum Corporation (CPCL) dipped 6% to Rs 393 on BSE in intra-day trade after the company reported 31% year on year (YoY) declined in net profit at Rs 171 crore for the quarter ended March 2017 (Q4FY17). The company engaged in petroleum sector had profit of Rs 248 crore in a year ago quarter.
Net sales of the company during quarter under review rose 18% to Rs 6,828 crore as against Rs 5,790 crore during the previous quarter ended March 2016.
On the status of various projects taken up by the company, Gautam Roy, Managing Director, CPCL
Net sales of the company during quarter under review rose 18% to Rs 6,828 crore as against Rs 5,790 crore during the previous quarter ended March 2016.
On the status of various projects taken up by the company, Gautam Roy, Managing Director, CPCL
