Mangalore Refinery and Petrochemicals Ltd. (MRPL) delivered a spectacular financial reversal in the second quarter. The company posted a net profit of ₹627 crore for the July-September period, a massive turnaround from the ₹271 crore loss recorded in the preceding quarter (Q1). This swift shift highlights a significant improvement in operational efficiency and better refining margins.
The revenue engine also roared back to life, registering a 30.5% quarter-on-quarter jump to reach ₹22,649 crore. MRPL’s operational profitability, measured by the EBITDA margin, stood firm at 6.6%, confirming the robust performance across its core refining business.
Highlighting Growth and Operational Efficiency
MRPL’s Q2 Results Shine: Revenue Jumps 30.5%, Operational Margin Hits 6.6%
MRPL has demonstrated a powerful return to profitability, successfully converting last quarter’s deep deficit into a strong surplus. The refinery’s Q2 net income clocked in at ₹627 crore, shattering the ₹271 crore loss reported just three months prior.
This financial rebound was underpinned by an outstanding 30.5% rise in revenue, pushing the top line to ₹22,649 crore. Furthermore, the company showcased enhanced operational discipline, with the EBITDA margin improving sharply to 6.6%. The figures collectively signal that better capacity utilization and favourable market conditions fueled a highly profitable quarter for the company.
Quick Snapshot for a Business Report
MRPL Achieves Financial U-Turn with Strong Q2 Performance
| Metric | Q2 FY25 Result | QoQ Change | Context |
| Net Profit | ₹627 crore | N/A (Turnaround) | Massive swing from ₹271 Cr Loss in Q1 |
| Revenue | ₹22,649 crore | +30.5% | Fueled by strong product demand and higher throughput |
| EBITDA Margin | 6.6% | Significant Improvement | Indicates robust operational profitability |
Export to Sheets
Summary: Mangalore Refinery successfully navigated out of a loss-making quarter, posting a solid net profit of ₹627 crore. The 30.5% surge in revenue to ₹22,649 crore, coupled with a healthy 6.6% EBITDA margin, underscores a significant operational recovery and strong market demand for its refined products.
