Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited, has announced its financial results for the fourth quarter and the full fiscal year ending March 31, 2026. The company reported a significant increase in its profit after tax (PAT) for the fiscal year 2025-26, reaching ₹1,931 crore compared to ₹51 crore in the previous year.
For the fourth quarter of FY 2025-26, MRPL recorded a revenue from operations of ₹28,493 crore, slightly up from ₹27,602 crore in the same quarter of the previous fiscal year. The profit before tax (PBT) for the quarter was ₹1,235 crore, showing a substantial rise from ₹584 crore in the corresponding quarter of FY 2024-25. However, the profit after tax for the quarter was ₹119 crore, a decrease from ₹383 crore in the same period last year.
For the entire fiscal year 2025-26, MRPL’s revenue from operations was ₹1,05,155 crore, compared to ₹1,09,280 crore in the previous fiscal year. The profit before tax for the year was ₹4,022 crore, a significant increase from ₹113 crore in FY 2024-25.
In terms of physical performance, MRPL reported a throughput of 17.00 million metric tonnes (MMT) for the year, compared to 16.18 MMT in the previous year. The company also commissioned 85 new retail outlets during the fiscal year, bringing the total to 252.
MRPL’s Dewangonthit Marketing Terminal is now fully operational, enhancing the company’s reach in the inland market. Additionally, the company was recognised as the FIPI Innovator of the Year (2025) for its sustained excellence in refining innovation and indigenous technological development. The award was presented by Shri Hardeep Singh Puri, the Hon’ble Minister for Petroleum and Natural Gas, during the India Energy Week.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).