Mangalore Refinery Reports Q2 Profit of ₹639 Crore Amid Revenue Decline

Mangalore Refinery and Petrochemicals Limited (MRPL) announced a profit after tax of ₹639 Crore for Q2 FY 2025-26, a significant turnaround compared to the loss of ₹682 Crore in the same quarter last year. Revenue from operations stood at ₹25,953 Crore. The company achieved its highest monthly dispatch at Devangonthi terminal in September 2025.

Financial Performance Overview

Mangalore Refinery and Petrochemicals Limited (MRPL) has released its financial results for the second quarter of fiscal year 2025-26, showcasing notable improvements in profitability despite a decrease in revenue. The board approved these results during its meeting on October 15, 2025.

Key Financial Highlights for Q2 (Jul-Sep) FY 2025-26

The company reported the following key financial figures for the quarter:

  • Revenue from operations: ₹25,953 Crore (compared to ₹28,786 Crore in Q2 FY 2024-25)
  • Profit before Tax: ₹975 Crore (compared to a Loss before Tax of ₹1,041 Crore in Q2 FY 2024-25)
  • Profit after Tax: ₹639 Crore (compared to a Loss after Tax of ₹682 Crore in Q2 FY 2024-25)

Key Financial Highlights for H1 (Apr-Sep) FY 2025-26

The company reported the following key financial figures for the half year:

  • Revenue from operations: ₹46,941 Crore (compared to ₹56,075 Crore in H1 FY 2024-25)
  • Profit before Tax: ₹572 Crore (compared to a Loss before Tax of ₹940 Crore in H1 FY 2024-25)
  • Profit after Tax: ₹367 Crore (compared to a Loss after Tax of ₹617 Crore in H1 FY 2024-25)

Operational Achievements

MRPL achieved significant operational milestones during the period:

  • Processed New Crude Hout (API = 31.00) from Kuwait Neutral zone for the first time in September 2025.
  • Devangonthi terminal achieved its highest monthly dispatch of 65.40 TKL during September 2025.

Awards and Recognition

MRPL has been recognized for its achievements with the following awards:

  • Awarded “Winner” Award in the Excellence in WASH (Water, Sustainability & Hygiene) category at the FKCCI India CSR & Sustainability Awards 2025.
  • Won the prestigious “24th Global Greentech Environment & Sustainability Summit, Awards 2025”.
  • Awarded with Mahatma HR Excellence Award from Mahatma Foundation.
  • Won prestigious “Karnataka Best Employer Brand Award 2025” endorsed by CHRO Asia.

Source: BSE

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