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Mangalore Refinery and Petrochemicals turns black in Q4

21 May 2014 Evaluate

Mangalore Refinery and Petrochemicals has reported results for fourth quarter and year ended March 31, 2014

The company has reported a net profit of Rs 1067.04 crore for the quarter ended March 31, 2014 as compared to a net loss of Rs 61.90 crore for the same quarter in the previous year. Total income of the company has increased by 6.36% at Rs 19863.99 crore for quarter under review as compared to Rs 18675.57 crore for the quarter ended March 31, 2013.

For the full year ended March 31, 2014, the company has posted net profit of Rs 601.18 crore as compared to a net loss of Rs 756.91 crore for the same period in the previous year. Total income of the company has increased by 9.61% at Rs 72134.95 crore for year under review as compared to Rs 65807.55 crore in the previous year.

Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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