Mangalore Refinery And Petrochemicals Ltd News

MRPL slides 8% after weak Q4; PL Capital cuts to 'Sell', sees 23% downside

Mangalore Refinery reported a net profit of ₹117 crore, down 68.43 per cent from ₹371 crore in the year-ago period

Stocks to Watch today: RIL, Axis Bk, IndusInd Bk, Paytm, MRPL, L&T Finance

Stocks to Watch today, April 27, 2026: From Reliance Industries to Axis Bank, here are few stocks that will be on investors' and traders' radar

MRPL shuts refinery units amid crude shortage from West Asia conflict

Asian refiners are struggling to secure prompt replacement crude cargoes as Iranian threats to shipping through the Strait of Hormuz have disrupted crude oil flows

MRPL explores buying Venezuelan oil as it halts Russian crude imports

The US in October sanctioned Russia's two largest oil producers - Rosneft and Lukoil - giving companies until November 21 to wind down dealings with them

MRPL shares drop 5%; confirms compliance with Russian crude sanctions

MRPL clarified that the company doesn't foresee any negative impacts on sales to European markets, as it has stopped processing Russian crude

MRPL Q3 FY26 profit rises nearly 5-fold to ₹1,445 cr, debt down ₹3,577 cr

State-owned Mangalore Refinery and Petrochemicals Limited (MRPL) on Wednesday reported a strong turnaround in its financial performance for the third quarter and the first nine months of FY 2025-26, driven by higher revenues, improved margins and a sharp reduction in borrowings. The Board of Directors of MRPL, a subsidiary of Oil and Natural Gas Corporation (ONGC) and a Schedule A' Mini Ratna Category-I company, approved the standalone and consolidated financial results at its 272nd meeting held on January 14, 2026. For the third quarter ended December 31, 2025, MRPL's revenue from operations rose to Rs 29,720 crore, compared to Rs 25,601 crore in the corresponding period last year. Profit before tax jumped nearly five-fold to Rs 2,214 crore, while profit after tax increased to Rs 1,445 crore, from Rs 304 crore in Q3 of FY25. The company's EBITDA for the quarter stood at Rs 2,824 crore, reflecting improved operational efficiency. During the nine-month period, MRPL recorded revenue

RIL, MRPL, OMCs set for fresh rally, may surge up to 27%: YES Securities

Analysts at YES Securities have recommended a 'BUY' rating on Chennai Petro, MRPL, BPCL and Reliance Industries on the back of upbeat prospects for these oil refining companies.