MRPL Q1 FY27 results: State-owned Mangalore Refinery and Petrochemicals Ltd (MRPL) swung back into the black, posting a net profit of Rs 945.6 crore in the quarter ended June 30 against a net loss of Rs 270.6 crore in the corresponding quarter of the previous financial year.
The miniratna PSU reported a 98.2 per cent year-on-year jump in its revenue from operations which stood at Rs 41,609 crore in the reporting quarter versus Rs 20,988 crore posted in the year-ago period.
Operational profitability saw a massive spike, with the EBITDA climbing 635.7 per cent YoY to Rs 1,317 crore in Q1 FY27 against Rs 179 crore in Q1 of the previous fiscal. EBITDA margin expanded significantly to 3.2 per cent in April-June quarter compared to 0.9% per cent YoY.
MRPL Q1 FY27 results: Consolidated (YoY)
- Profit of Rs 945.6 crore in Q1 FY27 vs loss of Rs 270.6 cr in Q1 FY26
- Revenue at Rs 41,609 cr in Q1 FY27 vs Rs 20,988 cr in Q1 FY26, up 98.2% YoY
- EBITDA at Rs 1,317 crore in Q1 FY27 vs Rs 179 crore in Q1 FY26
- EBITDA margin at 3.2% in Q1 FY27 vs 0.9% in Q1 FY26
(Disclaimer: The above article is meant for informational purposes only and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
