Chennai Petroleum Corp Dividend 2026: Shares of Indian Oil Corporation Ltd (IOC)-backed Chennai Petroleum Corporation Limited (CPCL) will remain in focus in the coming week as the state-owned oil company has approved an interim dividend for its shareholders. The decision in this regard was taken in the board meeting that commenced at 3 PM and concluded at 4.15 PM today, March 26.
Chennai Petroleum Corporation Limited (CPCL), formerly known as Madras Refineries Limited (MRL), was formed as a joint venture in 1965 between the Government of Amoco, and the National Iranian Oil Company (NIOC). It is one of the leading group companies of Indian Oil.
The state-owned oil firm announced that the Board of Directors in the meeting today declared an interim dividend of Rs 8 per share for the financial year 2025-26.
“…it is hereby informed that the Board of Directors at its meeting held on 26.03.2026, has declared Interim Dividend of Rs.8/- per equity share of face value of Rs.10/- each for the financial year 2025-26,” CPCL said in the exchange filing.
CPCL said the board has fixed Thursday, April 2, 2026, as the “record date” for the purpose of ascertaining the eligibility of shareholders for payment of the interim dividend.
CPCL Dividend 2026 payment date
The interim dividend will be paid to the eligible shareholders on or before April 25, 2026, Chennai Petroleum Corp said in the regulatory filing.
Chennai Petroleum Corp Q3 results FY26
Chennai Petroleum Corporation Ltd reported a consolidated profit of Rs 1,001.59 crore for the October-December 2025 quarter, driven by sustained operational excellence. The city-headquartered company had posted a net profit of Rs 20.78 crore in the corresponding quarter of the previous financial year.
For the nine-month period ending December 31, 2025, CPCL’s net profit grew to Rs 1,680.85 crore, compared with a net loss of Rs 255.83 crore in the year-ago period, the group company of IndianOil Corporation Ltd said in a press release.
CPCL achieved a crude throughput of 2.79 million metric tonne during the October-December quarter, up from 2.55 million metric tonne in the same period last year.
Indian Oil-backed Chennai Petroleum Corporation is known for paying rich dividends to its shareholders. The PSU announced a cash reward of Rs 5 per share in 2025. Before that, in 2024, the PSU paid a Rs 25 per share dividend, while in 2023, it gave a dividend of Rs 27.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
