CHENNPETRO2021-04-012021-06-30in-bse-fin:OneOperatingExpenses01Member CHENNPETRO2021-04-012021-06-30in-bse-fin:OneOperatingExpenses02Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares CHENNPETRO 2021-04-01 2022-03-31 2021-07-15 INR Crores First quarter Single segment MANUFACTURE OF PETROLEUM AND PETROCHEMICAL PRODUCTS 2021-04-01 2021-06-30 Unaudited Standalone 127973900000.00 17800000.00 127991700000.00 76689000000.00 0.00 -1523100000.00 1351500000.00 1004500000.00 1187700000.00 48543600000.00 127253200000.00 738500000.00 0.00 738500000.00 0.00 201200000.00 201200000.00 0.00 537300000.00 0.00 0.00 0.00 0.00 537300000.00 0.00 537300000.00 0.00 0.00 1489100000.00 10 3.61 3.61 0.00 0.00 3.61 3.61 1. The above results have been reviewed and recommended by the Audit Committee and approved by the Board of Directors at the respective meetings held on 22nd July 2021. 2. The Financial Results have been reviewed by the Auditors appointed for this purpose as required under regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 3. The company operates only in one segment, Petroleum Sector. As such reporting is done on a single segment basis. 4. The crude thruput has been adversely impacted during the current quarter on account of the reduction in demand arising out of the COVID -19 situtaion. However, the reduction in demand was relatively benign as compared to that of the previous year with corresponding impact on the crude thruput levels. 5. Average Gross Refining Margin for the period April – Jun’2021 is US$ 5.68 per bbl (April – Jun’2020: US$ 11.94 per bbl). 6. The Audited accounts (Standalone & Consolidated) for the year ended 31st March 2021 have been reviewed by the Comptroller and Auditor General of India under Section 143(6)(a) of the Companies Act, 2013. The Comptroller and Auditor General of India under Section 143(6)(b) of the Companies Act, 2013 has stated that they have no comments upon or supplement to Statutory Auditors' Report on the Accounts. 7. Preference Share is treated as financial liability as per Ind AS 32, as these are redeemable on maturity for a fixed determinable amount and carry fixed rate of dividend. Correspondingly, in line with the requirements of Ind AS 32, pending the approval of shareholders, preference dividend, has been provisionally accrued as finance cost for the quarter ended Jun’2021: Rs. 8.29 Cr. However, as per the Companies Act 2013, the preference shares is treated as part of share capital and the provisions of the Act relating to declaration of Preference Dividend at the end of the year would be applicable. 8. Other Expenditure includes exchange loss of Rs. 26.93 Cr for the quarter ended Jun’21 (Apr- Jun’20: exchange gain of Rs. 5.85 Cr; Jan-Mar’21: Rs. 22.10 Cr included under Other Income). 9. The company has received approval from the NITI Aayog for implementation of the CBR 9 MMTPA project at Nagapattinam, Tamil Nadu through a Joint venture. 10. The figures for the quarter ended March 31,2021 are the balancing figures between the audited figures of the financial year 2020-21 and the published unaudited results upto the third quarter of 2020-21 11. Figures for the previous periods have been re-grouped wherever necessary. EXCISE DUTY 46309300000.00 OTHER EXPENDITURE 2234300000.00