Mangalore Refinery and Petrochemicals Limited — Investor Meet, 30-04-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Mangalore Refinery and Petrochemicals Limited conducted a conference call to discuss its financial results. The gross refining margin (GRM) was reported at $6.23 per barrel for Q4, with a profit before tax (PBT) of INR 584 Crore, reflecting a 25% quarter-on-quarter increase. The company achieved record crude throughput of 18 million tons, enhancing operational efficiency with reduced fuel losses and improved product yields. Management emphasized strategic goals, including expanding retail outlets to 317 by FY’26 and sustaining high utilization rates, with projected GRMs of INR 6-6.5 per barrel ahead. Sentiment remains confident, supported by strong operational metrics and market demand.