MRPL back in black with Rs 298-crore profit in December quarter

Sarkaritel
By Sarkaritel February 13, 2016 09:40

MRPL back in black with Rs 298-crore profit in December quarter


New Delhi : Mangalore Refinery and Petrochemicals Ltd (MRPL) today returned to black with a net profit of Rs 298 crore in the December quarter on the back of robust refining margins. MRPL, a subsidiary of Oil and Natural Gas Corp ( ONGCBSE -4.56 %), had a net loss of Rs 1,894 crore in October-December 2014, the company said in a statement.

Sarkaritel
By Sarkaritel February 13, 2016 09:40