Mangalore Refinery and Petrochemicals has reported results for first quarter ended June 30, 2012.
On standalone basis, the company has reported a net loss of Rs 1520.55 crore for the quarter ended June 30, 2012, against net profit of Rs 172.71 crore for the corresponding period last fiscal. Total income decreased by 4.65% at Rs 12859.33 crore during the quarter under review from Rs 13487.13 crore in the year-ago period.
MRPL is a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).
Company Name | CMP |
---|---|
Reliance Industries | 2911.25 |
Indian Oil Corp. | 167.20 |
BPCL | 646.50 |
HPCL | 546.65 |
MRPL | 213.90 |
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