Mangalore Refinery and Petrochemicals Limited (MRPL) announced its financial results for the third quarter (Q3) and nine months ending December 31, 2025. The company reported revenue from operations of ₹29,720 Crore for Q3 and ₹76,661 Crore for the nine-month period. The company has also won the prestigious Export Excellence Awards by the Federation of Indian Export Organisations (FIEO).
Financial Performance Overview
Mangalore Refinery and Petrochemicals Limited (MRPL) has announced its financial results for the third quarter (Q3) and the nine months ending December 31, 2025. The results were approved during a board meeting held on January 14, 2026.
Key Financial Highlights
Third Quarter (Q3 FY 2025-26):
- Revenue from operations: ₹29,720 Crore (compared to ₹25,601 Crore in Q3 FY 2024-25).
- Profit before Tax: ₹2,214 Crore (compared to ₹469 Crore in Q3 FY 2024-25).
- Profit after Tax: ₹1,445 Crore (compared to ₹304 Crore in Q3 FY 2024-25).
- Debt Equity Ratio improved to 0.63 as at December 31, 2025, from 0.79 as at September 30, 2025.
Nine Months (9M FY 2025-26):
- Revenue from operations: ₹76,661 Crore (compared to ₹81,676 Crore in 9M FY 2024-25).
- Profit before Tax: ₹2,786 Crore (compared to a Loss before Tax of ₹471 Crore in 9M FY 2024-25).
- Profit after Tax: ₹1,812 Crore (compared to a Loss after Tax of ₹313 Crore in 9M FY 2024-25).
- Total borrowing reduced by ₹12,867 crore to ₹9,290 crore during the last nine months.
- Debt Equity Ratio improved to 0.63 as at December 31, 2025, from 0.99 as at March 31, 2025.
Operational Highlights
The company’s throughput (Crude + Others) was 4.70 MMT in Q3 FY25-26, compared to 4.60 MMT in Q3 FY24-25. For the nine months, throughput was 12.65 MMT compared to 13.54 MMT in the previous year.
- In October 2025, MRPL commenced storing crude in the Cavern Storage facility and began processing Sarir Mesla Crude from Libya for the first time.
Awards and Recognitions
- The Company has been conferred with the prestigious Export Excellence Awards by the Federation of Indian Export Organisations (FIEO).
- The Company has achieved a remarkable milestone by winning the fourth successive Innovation Award 2024-25 for Best Innovation in Research & Development in Refining Technology at the 28th Energy Technology Meet (ETM 2025).
Source: BSE
