Mangalore Refinery and Petrochemicals Limited (MRPL) has announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a significant performance milestone with an annual net profit of ₹1,924.58 crore for the fiscal year 2025-26. Despite the positive annual results, the Board of Directors has decided not to recommend a final dividend for the financial year.
Annual Financial Performance Highlights
For the financial year ended March 31, 2026, MRPL reported consolidated revenue from operations of ₹1,05,165.49 crore. The net profit for the year stood at ₹1,924.58 crore, a notable recovery compared to the previous fiscal year’s profit of ₹56.21 crore. The company’s earnings per share (EPS) for the fiscal year reached ₹10.98.
Quarterly Overview
During the final quarter (Q4: Jan-Mar 2026), the company generated revenue of ₹28,483.04 crore. The net profit for the quarter was reported at ₹116.90 crore. This quarter concluded a year characterized by robust operational efforts despite the absence of a final dividend recommendation by the Board.
Operational Context
The company confirmed that its statutory auditors have issued audit reports with an unmodified opinion on the financial statements for the period. The Board Meeting, held on April 24, 2026, also addressed ongoing corporate governance matters, including the current structure of the Board and Audit Committee, following the completion of the tenure of its Independent Directors.
Financial Health and Debt Management
As of March 31, 2026, the company maintains a total equity of ₹14,196.87 crore. The financial metrics indicate a Debt-Equity ratio of 1.01 and an Interest Service Coverage Ratio (ISCR) of 7.10 for the fiscal year. These figures reflect the company’s commitment to managing its financial obligations while navigating the downstream petroleum sector.
Source: BSE
