The company reported gross sales of Rs 38,128.26 crore for the year 2010-11 as against Rs 29,183.84 crore in the same period last year.
Chennai Petroleum Corporation Limited (CPCL) is a highly valued Refining Company. Formerly known as as Madras Refineries Limited (MRL), the company is dominant in South India. CPCL was established in 1965 as a joint venture between between the Government of India (GOI), AMOCO and National Iranian Oil Company (NIOC). In 2010-2011, the company recorded its gross sales to be Rs 38,128.26 crore, compared to Rs 29,183.84 crore in the same period last year.