MRPL posts ₹915 crore net profit in Q1 of 2026-27
Mangalore Refinery and Petrochemicals Limited (MRPL) reported a strong financial turnaround with a net profit of ₹915 crore for the first quarter of 2026-27. The company significantly increased its revenue and processing capacity while expanding its infrastructure and sustainability initiatives.
Why it matters
The company's performance reflects broader trends in the petrochemical sector and its strategic shift toward sustainable aviation fuel and expanded logistics.
Mangalore Refinery and Petrochemicals Limited (MRPL) announced posting ₹915 crore net profit in the first quarter of 2026-27 as against a loss of ₹272 crore in the first quarter of 2025-26.
The board of Directors of MRPL approved the standalone and consolidated financial results for the first quarter of 2026-27 on July 15.
Revenue from operations almost doubled to ₹41,609 crore during Q1 of 2026-27, from ₹20,989 crore in Q1 of 2025-26. Its exports increased to ₹5,012 crore (₹4,767 crore) during the quarter.
MRPL processed 4.43 million tonnes (mt) of crude and other feed stock in Q1 of 2026-27, as against 3.52 mt in the corresponding period of 2025-26. The company’s earnings before interest, depreciation, tax and amortisation (EBIDTA) rose to ₹1,860 crore in Q1 2026-27 (₹218 crore in Q1 2025-26).
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