MRPL reports 9% rise in Q4 net profit

Mangalore Refinery and Petrochemicals (MRPL) has reported a surge of 8.88% in its net profit to Rs 601.97 crore for the fourth quarter ended March 31, 2012 as compared to Rs 552.86 crore in the same period of previous fiscal.

The total income of the company rose to Rs 16106.98 crore for the fourth quarter ended March 31, 2012, against Rs 12515.16 crore in the same period of previous fiscal, up by 28.70%.

For the year ended March 31, 2012, the company posted a fall of 22.78% in its net profit of Rs 908.58 crore against Rs 1176.63 crore in 2010-11. The total income of the company rose 38.35% to Rs 54117.66 crore for the year ended March 31, 2012, compared to Rs 39115.72 crore in 2010-11.