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Mangalore Refinery and Petrochemicals’ consolidated net loss widens to Rs 1779 crore in Q2

29 Oct 2022 Evaluate

Mangalore Refinery and Petrochemicals has reported results for second quarter ended September 30, 2022.

The company has reported net loss of Rs 1789.14 crore for the quarter under review as compared to net loss of Rs 409.60 crore for the same quarter in the previous year. However, total income of the company increased by 60.28% at Rs 28484.56 crore for Q2FY23 as compared Rs 17771.88 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss of Rs 1779.26 crore for the quarter under review as compared to net loss of Rs 410.15 crore for the same quarter in the previous year. However, total income of the company increased by 60.25% at Rs 28477.81 crore for Q2FY23 as compared Rs 17771.13 crore for the corresponding quarter previous year.

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