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MRPL reports net loss of Rs 909.51 crore in Q2

30 Oct 2015 Evaluate

Mangalore Refinery and Petrochemicals (MRPL) has reported results for second quarter ended September 30, 2015.

The company has reported a net loss of Rs 909.51 crore for the quarter ended September 30, 2015 as compared to a net loss of Rs 951.47 crore for the same quarter in the previous year. The company’s total income has decreased by 35.03% to Rs 10461.20 crore for the quarter under review from Rs 16101.42 crore for the corresponding quarter of the previous year.

MRPL, a subsidiary of state-run exploration firm Oil and Natural Gas Corporation (ONGC), runs a coastal refinery in southern Karnataka state with a capacity of 300,000 bpd.

Peers
Company Name CMP
Reliance Industries 1187.80
Indian Oil Corpn. 128.60
Bharat PetroleumCorp 289.60
HPCL 334.45
MRPL 173.80
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