at tee atiker feats (Regie A ap ew) CPCL Pee eee oe Ce eee eet ae ete Chennai Petroleum Corporation Limited 8:01:01 (304) (A group company of IndianOi) May 231d 2015 ‘The Secretary Madras Stock Exchange Limited Exchange Building Il, Second Line Beach CHENNAI ~ 600 001 Dear Sir, Sub: Intimation under Clause 36 of the Listing Agreement Pursuant to clause 36 of the Listing Agreement it is hereby notified that the Board of Directors of the Company at the meeting held on 23.05.2015 accorded approval for the following proposals: 1) Increasing the Authorised Share Capital of the Company from Rs.400 crore (40,00,00,000 equity shares of Rs.10/- each) to Rs.1400 crote (divided into 40,00,00,000 equity shares of Rs.10/- each and 100,00,00,000 Preference shares of Rs,10/- each) by creation of 100,00,00,000 Preference shares of Rs,10/ each, subject to the approval of the shareholders of the company. 2) Issue of maximum number of 100,00,00,000 Non-convertible Cumulative Redeemable Preference Shares of Rs.10/- each, in more than one ttanche, for cash at par on private placement preferential allotment basis to Indian Oil Corporation Limited, the holding company, subject to the approval of the shareholders of the company, ‘Thanking you, Yours faithfully, _for Chennai Petroleum Corporation Limited PBtaanhac. Shankar Company Secretary Copy to: bbe Z BSE Ltd., ‘National Stock Exchange of India Limited ‘National Securities Depository Limited, Mumbai Central Depository Services (India) Limited, Mumbai hha artes: 536, oor art, axitz, di - 600 018 Regd. Office : 586, Anna Salai, Teynampet, Chennai - 600 018. wis | Phone : 24349232, 24349833, 24349294 ad Rag afrart ‘re | Fax : 91-44-24941753 we aa rH | Websito :waww-cpetco.inriny, 1 4017 TN19G5G01005389(CHENNAI PETROLEUM CORPORATION UmATTED (4 group company of nn 01) Regd Office: 536, Ana Sell, Teynampet, Chonnel-600 018 Website: wanwcpeLeoin Emall i: skletepckeo.n “el a44.24249633/ 24340607 Fax: 044-24344750, ‘Ga -LADIOTTNIBESGOIODS200 STATEMENT OF AUDITED FRVANCIAL RESULTS FOR THE YEAR ENDED MARCH 14, 2015 ince crcesporng3| Preous su Paes amonths | preceadng3 | montiended| Accounting | Accounting = ended | months ended | Inthe Previous | Yearended | Year ended jazoaaoss | "susza014 lyearsioaa0.q, 34032015 | 31032018 rind | Uri’ | Umuited | ~ Audted | ~ Aued + Jeon om Opratane salen tm omens swig tonrze]—teonts] aur] nano [asc tate uy ‘aeten| “ote “taea) “tomsa] “tra fs aac en Opt corsa] brn] essa] aura] aera bor open zone oa sal ee rotncme rom Operations eersos]——onsas] tenga] teen] arn 2 fesronsee scoters cnsnet rorsee] ears] sone] sore] aon brewers tan ‘os4 rea aca] mene] ara Licionesinmenoterstnisiadasot, wenn | corso] zars| canto] ewoat| ast] Javea eacxintn rerebaare kno tapers wa rast voz] er] aa edna an otestn pense ‘02 ors ers] en] oa see Day on ste ete ox] ‘001 sa] oma eam [reer excrange mtn ons (2505 ace] aaran] nan] hy ctr xante ‘004 reno] waza] ria] tna fsttxpnstne souace] seca) sate] anata) ssn 3 from om px bts Or ncome, ro tn Operon br Own esse] enna] tans] arsan] 200 4 [ober won tnd re wif aero] ara rst om etary eos or tnane cost «eam arta som asian) crass] tapas eanen] zr 6 lene cose ava ovat vom] aaa] aaa 7 from) (oma act ater ; ; i Iinance costs bu hefore exceptions items (58) 3487 (020.52) 2080, 42.39) (930.00) 8 lepton tens : : a fetus (a tomerahay setter twos | aaisr| —aagan| anes] eng) +o pavtxpane tro - - orm] roxea} ent sifitrostnentenatimy misters] seu] aon] aes can] cae 12 [ntonnaytona ; ; 12 ferret Lo forte poitoa 1-2) aeisr| ro] ors] so] css] 14 [pseu tau Soe cpttce aot 105 vom two] amo] aaso]—4oe0 1s [atm oe Copal ace Redeem Non a |Convertbxe Debentures) baw — 10 ates meter erat Rens veosas) saa [sven bc 11 she Ratonon Rosene + nt in Pm a oe ecceeeeeerees een 18 fost aso sa] 2 to, besontc conse Rao (0805) ot 21 fics Serica Corage Ro (90 oe) ta 4 22 pa Per rg ans ad ruc rorn]__ soar dennal|corresponding 3 Previous a tne months | Preceeding3 | months ended | Accounting | Accounting ‘ended | months ended | inthe Previous | Year ended | Year ended 31.03.2015 | 31.12.2014 _|year 31.03.2014! 31.03.2014 ‘Unousted | Unauaied | Uoausted ‘Audited. 1 [PARTICULARS OF SHAREKOTONG 1 |Pubie chasing No-ef hares sgrisa09 asrroaco) ——asrssaco] ——aarisaool ——as7tsa00] Pereantage of shareholiing i wan won| 3274 Bar 2 [Promotes and prometar group charlieg a} Pedged Ereumbered shares Number of shes - - - percentage of shares tool promoters hing 7 Percentage of shares to oa hare capil - - Jo) Nontencamberest Nene of shares seosoetoo] 0108100] —taotoatoo] —sooroetoo} 100108100] Pereaniage of shores oto. prometer olng 109] ‘0o| taal ‘00 100 Pereenano of shores oot shove calel er) 6729) 8729 61.2) 61.2) eb guy Rata = Total Debt / Net Werth * SCR = [Prof Als Text nteestDeprecaton} {treet Prnclpl Repayment of Long Term Debt) INGCR = [ Prt Before Text nerest*Deprciaton|(Ineest} * edt Sanica Coverage Rato end rest Soe Coverage Reto wherever nega ‘Ametetion and ltoreat nagatve Pot epoted as he Pott Beare Dopreciatlon ‘Guar anded hinidind 31032018. IvESTOR COMPLAINTS lpensng a the bapinning of the querir q IRecahed dung quater al lbisposed ot ang 6 quarter ‘| IRemning used a te endo he quer d 4. The above resuile have bean rovewed by the Audit Commitee and approved by the Board of Directors a the meetings held (0m 23.08.2016 2. The company eporates cry n one sogment, Pelcolgum Sector. As such reporting is done ona single segment bask 29, Gross Refiing Margin forthe quoter January-March 2016 I USS 6.85 / bbl (coresponding quater of previous year US$ 1.96 / Db), forthe fnancal year fs USS 1.97/ bl (previous year USS 4.08 bbl) and for tho quattor October - December 2044 was (2.23) USS /bbl 4.Tha networth of the company as on 31.03.2014 has reduced to oss than £0% of the pesk networth during the preceeding four financiel years and this has been reported to BIFR vide lle dated 08.10.2014, Inne val the requtements ofthe Sick Indust Companies (Special Provisions), Ac, 1988 45, Iniino with the scheme formulated by the Petroleum Planing & Analys's Col, the company has received a discount of 84120.64 Core (previous fhancel year © 3954.48 Croce) fom Oil and Neturel Gas Corporation Limited on etude of purchased and has passed on the same as discount on products sold to Indan Ol! Corporation Limited. The discount forthe quarter January ~ March 2016 Is Ni (Cortesponding quarter of previous year: € 648.52 Crora which was passed on to Indian Oil Corporation Limited) « {Gross sols and consumption of a-matalals forthe fnancil year are net of €4120.64 Crore (Previous Yeer 73954, 48 Grote). 6. Depreciation for the curent year has been charged based upon the useful Ite of txed assats as prescribed In Part C of the ‘Schedule I of Companies Act 2019. Accordingly, fom 07.04.2044, tho carrying amount ofthe fixed assals has been depreciated ‘over the remaining useful Ife, in respect of assets whose remaling useful fe has beoome ‘Ni, the Carrying amount as on 10.04.2014 less resklval value, amounting to € 2838.28 lakis has boen recognised In the opening balance of General Reserve . ‘Duo to the adoption of he revised useful fe of assois as prescriped in Schedule Il, the charge for depreciation in the Statement of Profit end Loss is lower by @ 15610.50 laths for tho currant year. The exerlse in respect of componeniizalion of major ems of Pact & Equipment mandatory from FY 2016-16) s under process. 7. During the franca yoer, the compeny has recogrised dolerrd tax asset (disclosed as Tax Expense) in respec of cary forward business lossos and unabsorbed deprecation tothe extent of dered lax lablily of & 708.40 Crore as on 91.09.2014, which has ‘consequertal impact on the Proft efter tax for tho current year. Ths accouniing eatment and the recagnilon of deferred tex asset '28 por period adjustment Is based an the opinion received by the company from the Expert Advisory Commitee of the Institue of CGharteres Accountants of Iola in July 2014, ‘.The ques ofthe last quarter aro the balancing figures between the audited figures of the financial year and the published rosults Upto the thi quarter of the respecve nancial yeas. 19, Figucas have been re-grouped whorever necessary I Net 410, The Auelted Accounts are subject fo roviw bythe Comptrotar an Aucitor General of India -Statement of Assots and Liabilites a eat Feat No. Lininran 31052016 | 91.03.2016 8 |EQUITY AND LIABILITIES 1 |sharcholdors' funds (a) Share Capital 4149.00] 149.00] (0) Reserves & Surplus 1508.08 1573.48] Subtotal Sharoholder's funds 7656.08 722.485] 2 |Non-Curront abit (@) Long-Term borrovings 1000.00 2000.00 (@) Daterrea Tax Lnbity (nel) : 708.40) (€) Otter long-term iabities 4.22} 407] (@) Long-term provisions 4581 36.00 ‘Subtotal-Non-curront Hablities 7050.45] 744.46] 3 [current nabittios (0) Short-Term borcowings 3309.06] 3462.20 (b) Trade payabies 3104.04 5216.45 (6) Other current abilities 1962.75] "720.85 (@) Shast tem provisions 93.22 76.83 Subteta-curzont labilitios 209.47 9476.35) |TOTAL- EQUITY AND LIABILITIES 7005483 T5eAT26 [assets 1+ |Non-eutrant Assote (@) Fined Ascole 4869.23) 4635.09) (©) Nor-current investments 26.42 24.02 (© Long term loans and advances 127.26] 93.33 ‘Subtotal-Non-current Assets Borr.84 ais4.1 2 [Curent Assets (@) Inventories 3605.09] 6697.74 (©) Trade recaivabies 626.11 2222.02 (6) Cash and cash equWatents 3a. 46.03) (@) Shor torm toans and advances 268.485 220.94] (6) Other eurent assets 4.4] 050] Subtotal-current Assets aa 88.12) TOTAL ASSETS Tas4726) For and on bohalf ofthe Board of Diroctors Place: New Detht Dato: May 23, 2015,CHENNAI PETROLEUM CORPORATION LIMITED. To Madras Stock Exchange Limited BSE Ltd NSE (A group company of IndianOil) 23.05.2015 The folowing are the gist of Financial Results for the year ended 31st March 2015 approved by the Board of Directors of the company at the meeting held on 23rd May 2015 Financial Results for the year ended 31st March 2015 (Rs.in crore) Particulars 2014-15, 2013-14 4. |Crude Thruput (in MMT) 10.782 10.624 2. |Turnover 47877.82 53923.70 3. _|Gross profit before depreciation, interest and tax (112.54) « 626.58 | * 4, |interest + 403.73 567.97 | ~ 5, [Depreciation 226.12 380.58 |- 6. |Profit Before Tax (742,39)| (330.98)} - 7. |Tax Expense (703,40); (27.11) 8, |Net Profit (38.99)} (303.85) @ |Proposed Dividend - Amount Nil] Nill - Percentage Nil] Nill > per share Nil Nill 10 |Paid up Capital 149.00 149.00 |Accumulated surplus in General Reserve & Statement of 11 |Profit and Loss # 1256.04 1323.41 12 {Gross Block 8224.67 8214.28 13 |Net Block 4076.80 4291.87 44 [Capital work-in-progress 782.43 344.12} # Excluding Share Premium Pthinaee P.Shankar 22 /* JK Company Secretary ‘Chennal Petroloum Corporation Limited ‘Company Secretary Chennal Petrolsum Corporation Limited 36, Anna Sali, Teynampel,