MRPL Q1 results: MRPL reports Rs 272 crore loss as revenue and...

Dununu.com Dununu

Sponsored

MRPL Q1 results: MRPL reports Rs 272 crore loss as revenue and refining margins dip, crude throughput falls YoY

RSS Feed Business

Posted

76

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a consolidated net loss of Rs 272 crore for Q1 FY26, a reversal from last year's Rs 66 crore profit. The loss is attributed to declining revenue and lower refining margins, with revenue dropping to Rs 20,988 crore. Refinery throughput also decreased, though MRPL achieved a record for April crude oil processing.

Read Full Article

Please log in to like, share and comment!

This K-Pop band is making waves with sign language

Big Ocean, a unique K-pop group with deaf or hard-of-hearing members, is captivating global...

By 0 6

Massive quake: 6.2 magnitude tremors hit Alaska; no damage reported

By 0 6

Free transportation service for devotees visiting Pashupatinath today

KATHMANDU: Free transportation services will be provided to devotees visiting the Pashupatinath...

By 0 45

Investors seek a bite of food & beverages pie

The Indian food and beverage sector is witnessing significant investor interest, with firms vying...

By 0 44

11,000 'not traceables' electors revealed by Bihar’s SIR could be illegal immigrants

By 0 45