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MRPL swings to ₹915 crore Q1 profit, revenue doubles
Mangalore Refinery swung to ₹915 crore Q1 profit from ₹272 crore loss, revenue doubled to ₹41,609 crore on higher crude throughput; SAF certification also achieved.
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Mangalore Refinery and Petrochemicals Ltd. swung to a net profit of ₹915 crore in the fiscal first quarter, against a loss of ₹272 crore a year earlier, the company said on Tuesday.
Revenue from operations nearly doubled to ₹41,609 crore, from ₹20,989 crore in the same period of 2025-26, driven by higher crude throughput and improved refining margins.
MRPL processed 4.43 million tonnes of crude and other feedstock in the three months ended June 30, up from 3.52 million tonnes a year earlier. Crude oil throughput rose as the refinery ran at higher utilization rates.
Earnings before interest, depreciation, tax and amortisation surged to ₹1,860 crore from ₹218 crore. Exports increased to ₹5,012 crore from ₹4,767 crore.