Earnings Review
MRPL Q1 revenue doubles; one-time gain boosts profit
This story was originally published at 20:37 IST on 15 July 2026
Register to read our real-time news.Informist, Wednesday, Jul. 15, 2026
Please click here to read all liners published on this story
--[I] MRPL Q1 one-time income due to revision of some petroleum pdt prices
--[I] MRPL Apr-Jun profit excluding exceptional items INR 4.43 bln
--[I] MRPL Apr-Jun net profit includes one-time income INR 4.72 bln
--[I] MRPL Apr-Jun revenue INR 416.09 bln vs INR 209.89 bln year ago
--[I] MRPL Apr-Jun net profit INR 9.15 bln vs loss INR 2.72 bln year ago
--[I] MRPL Apr-Jun EBITDA INR 18.60 bln vs INR 2.18 bln year ago
--[I] MRPL Apr-Jun throughput 4.43 mln tn vs 3.52 mln tn year ago
By Ayush Jaiswal
MUMBAI – Mangalore Refinery and Petrochemicals Ltd.'s revenue from operations almost double in the June quarter beating estimates by a wide margin. The net profit of the company also grew sharply for the quarter on the back of one-time exceptional income.
The oil refiner posted a net profit of INR 9.15 billion for the reporting quarter, turnaround from a loss of INR 2.72 billion reported in the year-ago quarter. This was on the back of one-time income of INR 4.72 billion, which was due to revision of certain petroleum product prices. Excluding one-time items the net profit of the company was INR 4.43 billion.
The revenue for the quarter was INR 416.09 billion, almost double from INR 209.89 billion reported in the year ago quarter. The company's throughput increased to 4.43 million metric tonnes for the June quarter from 3.52 million metric tonnes in the year ago quarter. The earnings before interest, tax, depreciation, and amortisation was at INR 18.60 billion, up from INR 2.18 billion in the year ago quarter.
====== Edited above =======
The company's cost of materials consumed was INR 352.42 billion, more than double from INR 151.75 billion in the year-ago quarter. The excise duty paid by the company fell 7.6% to INR 33.55 billion from INR 36.32 billion in the year-ago quarter and this boosted the net profit. The company's other expenses rose over 70% to INR 10.58 billion for the June quarter from INR 6.19 billion in the year-ago quarter.
The company's total borrowings fell to INR 115.63 billion in the June quarter from INR 136.09 billion in the year-ago quarter. The company's operating margin improved to 2.41% from (-)1.06% in the year-ago quarter. The net profit margin also improved to 2.41% from (-)1.57% in the year-ago quarter. End
Edited by Pankaj Aher
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
