Chennai Petroleum Q4 Record Throughput, $13.75/bbl GRM

Chennai Petroleum reported its highest ever annual crude throughput of 11.71 MMT (112% capacity) and a Q4 GRM of $13.75/bbl.
The company announced a record total dividend of INR62 per share for FY26 and maintains a strong net debt position below INR1,000 crores.
Management outlined future capex plans including a INR1,600 crore LOBS project and a retail outlet expansion, while confirming current GRMs are near long-term averages.