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Q3 Results of MRPL: MRPL posts net profit of ₹392.08 crore, declares interim dividend

MRPL Posts Record Refining Highs But Profit Margins Shrink in FY25

New Delhi, Jan 22: Mangalore Refinery and Petrochemicals Ltd (MRPL) on Monday reported a consolidated net profit of ₹392.08 crore for the third quarter (Q3) ended December 31, 2023, of fiscal year 2024 (FY24) as compared to a loss of ₹194.95 crore in the same period a year ago, the company said in an exchange filing. 

Its consolidated revenue from operations stood at ₹28,383.41 crore in the third quarter of FY24, down from ₹30,966.16 crore in the same period last fiscal year.

The company reported a consolidated total income of ₹28,422.99 crore in the December quarter of the current fiscal year as compared to ₹31,008.46 crore in the last fiscal year. 

Its total expenses came down to ₹27,831.84 crore in Q3 of FY24 from ₹31,314.45 crore a year ago.

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