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Mangalore Refinery and Petrochemicals reports 78% rise in Q1 net profit

03 Sep 2016 Evaluate

Mangalore Refinery and Petrochemicals has reported results for first quarter ended June 30, 2016.

The company has reported 77.62% rise in its net profit at Rs 720.28 crore for the quarter ended June 30, 2016 as compared to Rs 405.52 crore for the same quarter in the previous year. The company’s total income decreased by 15.09% to Rs 11820.22 crore for the quarter under review from Rs 13921.18 crore for the corresponding quarter of the previous year.

MRPL is engaged in the business of refining crude oil. It offers high speed diesel oil, fuel oil and motor spirit. It operates as a subsidiary of Oil and Natural Gas Corporation. The company was founded in 1988 and is based in Mangalore, Karnataka.

MRPL Share Price

183.20 8.25 (4.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
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