Samco Securities
January 20, 2025 at 09:00 AM
Chennai Petroleum Corporation Returns to Profit in Q3 FY25 After a Quarter of Loss📈
Chennai Petroleum Corporation's has recorded a 6.9% QoQ revenue increase and returned to profitability, recovering from the losses incurred in Q2 FY25
Although its operating profit margin declined by 200 basis points YoY, it improved from the previous quarter to reach 1.9%📉
If the company can further enhance its financial performance and return to prior year levels, the stock presents an attractive investment opportunity at its current price🚀
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