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MRPL reports net loss of Rs 1894.36 crore in Q3

13 Feb 2015 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) has reported results for third quarter ended December 31, 2014.

The company has reported a net loss of Rs 1894.36 crore for the quarter under review as compared to a net loss of Rs 247.68 crore for the same quarter in the previous year. Total income of the company decreased by 21.37% at Rs 14895.36 crore for Q3FY15 as compared Rs 18944.16 crore for the corresponding quarter previous year.

MRPL, a schedule ‘A’ CPSE and a subsidiary of ONGC is a State of Art Grassroot Refinery located in a beautiful hilly terrain, north of Mangalore city, in Dakshin Kannada region.

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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