Mangalore Refinery and Petrochemicals Limited — Updates, 18-10-2024: Press Release

Mangalore Refinery and Petrochemicals Limited (MRPL) reported its Q2 FY 2024-25 results, showing significant financial challenges with a loss before tax of ₹1,041 crore compared to a profit of ₹1,606 crore in the previous year. Revenue from operations rose to ₹28,786 crore, up from ₹22,844 crore a year earlier. Capacity utilization was strong at 118.3%. The company received multiple awards recognizing its environmental efforts and HR practices.