Mangalore Refinery and Petrochemicals Limited — Updates, 18-07-2025: Press Release

MRPL's board approved financial results for Q1 FY25-26, showing a loss after tax of ₹272 Cr, down from a profit of ₹66 Cr in the prior year. Revenue also fell to ₹20,988 Cr from ₹27,289 Cr, alongside a lower GRM of US$3.88/bbl (vs US$4.70/bbl). Operationally, the company processed its highest ever crude in April at 1512 TMT, though overall quarterly throughput declined to 3.52 MMT. The completion of major unit shutdowns in Phase-2 complex is a key development, setting the stage for future operational stability.