MRPL Q4 FY26 PAT ₹119 Cr vs ₹383 Cr; Revenue ₹28,493 Cr vs ₹27,602 Cr
MRPL reported Q4 FY26 revenue of ₹28,493 Cr, up from ₹27,602 Cr. PAT declined to ₹119 Cr from ₹383 Cr. For FY26, revenue reached ₹1,05,155 Cr and PAT was ₹1,931 Cr. GRM was $8.22/bbl. The company commissioned its Dewangonthi Marketing Terminal and added 85 retail outlets.
The results show a mixed performance with strong annual growth but a significant drop in quarterly net profit, which could impact investor sentiment moderately. Operational expansion and awards are positive factors.
While revenue and full-year profit showed significant growth, the sharp decline in quarterly profit after tax (PAT) offsets the positive aspects, leading to a neutral sentiment.
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, announced its audited standalone and consolidated financial results for the fourth quarter (Q4 FY2025-26) and the full year (FY2025-26) ended March 31, 2026. The company reported a revenue from operations of ₹28,493 Crore for Q4 FY26, an increase from ₹27,602 Crore in Q4 FY25. Profit Before Tax for the quarter stood at ₹1,235 Crore, compared to ₹584 Crore in the previous year. However, Profit After Tax (PAT) saw a decline to ₹119 Crore in Q4 FY26 from ₹383 Crore in Q4 FY25.
For the full year ended March 31, 2026, MRPL's revenue from operations was ₹1,05,155 Crore, a significant jump from ₹40,928 Crore in FY2024-25. Profit Before Tax for the year was ₹4,022 Crore, substantially higher than ₹113 Crore in the previous fiscal. The company's PAT for the full year FY26 was ₹1,931 Crore, a considerable increase from ₹51 Crore in FY25.
In terms of physical performance, the throughput (crude + other) was 4.38 MMT for the year, with a GRM for FY26 reported at $8.22/bbl compared to $4.45/bbl in FY25. MRPL also commissioned its Dewangonthi Marketing Terminal and added 85 new Retail Outlets during the year, bringing the total to 252.
MRPL was also recognized as the 'FIPPI Innovator of the Year (2025)' for its sustained excellence in Refining Innovation and Indigenous Technological Development.
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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.