MRPL Board Approves Q1 FY27 Results; Appoints New Internal and Cost Auditors
MRPL's Board approved Q1 FY27 un-audited financial results. Consolidated revenue from operations was ₹41,608.96 crore. Profit before tax was ₹1,245.67 crore. Shri Sanjib Kumar Mandal was appointed as the new Internal Auditor and M/s Bandyopadhyaya Bhaumik & Co. as Cost Auditor for FY 2026-27. Shareholder approval will be sought for changes to MoA and AoA.
The approval of financial results and the appointment of auditors are standard corporate actions. The proposed changes to MoA and AoA require shareholder approval and could have a medium-term impact on governance, but the immediate impact is limited.
The announcement reports financial results and routine corporate actions like auditor changes and proposed amendments to company documents. While the financial performance is detailed, there are no significant positive or negative surprises highlighted.
Mangalore Refinery and Petrochemicals Limited (MRPL) announced the outcome of its Board Meeting held on July 15, 2026. The Board considered and approved the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported a revenue from operations of ₹41,608.96 crore for the quarter. Profit before tax stood at ₹1,245.67 crore on a consolidated basis and ₹1,214.81 crore on a standalone basis.
In addition to the financial results, the Board approved a change in the Internal Auditor, with Shri Sanjib Kumar Mandal appointed as the new Internal Auditor in place of Shri M. H. Shantharam due to internal transfer. The appointment is effective from July 15, 2026. Furthermore, M/s Bandyopadhyaya Bhaumik & Co., Cost Accountants, Kolkata, has been appointed as the Cost Auditor for the Financial Year 2026-27, also effective from July 15, 2026.
The Board also recommended a proposal for seeking shareholder approval in the ensuing Annual General Meeting for amendment in the object clause and adoption of the Memorandum of Association and Articles of Association of the Company in line with the Companies Act, 2013. The Board Meeting commenced at 16:00 hrs and concluded at 18:25 hrs.
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Mangalore Refinery and Petrochemicals Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Mangalore Refinery and Petrochemicals Limited. Read the original for the full detail.