Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68.43% year-on-year decline in net profit for the fourth quarter at ₹117 crore, compared with ₹371 crore in the same period last year.
According to exchange filings, the company’s revenue rose 3.2% to ₹28,493 crore from ₹27,602 crore a year ago. Earnings before interest, taxes, depreciation and amortisation (EBITDA) increased 58% to ₹1,783.1 crore from ₹1,128.8 crore, while margins improved to 6.3% from 4.1%.
For the full year FY26, revenue from operations stood at ₹1,05,155 crore, compared with ₹1,09,280 crore in FY25. Profit before tax surged to ₹4,022 crore from ₹113 crore, while profit after tax rose sharply to ₹1,931 crore from ₹51 crore in the previous fiscal.
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The company said its board has not recommended a final dividend for FY26.
MRPL also noted that it received the FIPI Innovator of the Year (2025) award for its work in refining innovation and indigenous technology development. The award was presented by Petroleum and Natural Gas Minister Hardeep Singh Puri at India Energy Week.
Ahead of the results, MRPL shares were trading at ₹186.63 on the National Stock Exchange, down ₹0.38 or 0.20% in the session.
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