MRPL posts ₹363 cr net profit in Q4
Mangalore Refinery and Petrochemicals Ltd., (MRPL) on Tuesday announced posting ₹363 crore net profit in the fourth quarter of 2024-25 and ₹51 crore net profit for the entire financial year.
The company had posted ₹584 crore net profit in Q4 of 2023-24 and ₹3,596 crore net profit in 2023-24 financial year. The revenue from operations stood at ₹27,061 crore in Q4 of FY 2024-25 as against ₹29,190 crore in Q4 of the previous fiscal and ₹1,09,277 crore for FY 2024-25 as against ₹1,05,223 crore for 2023-24, said a release.
MRPL's board of directors approved its standalone and consolidated financial results for Q4 and FY 2024-25 at its meeting held on April 26.
During the year, the company achieved the highest ever gross crude throughput of 18.044 million tonnes as against the previous best of 17.116 MT in 2022-23; distillate yield of 81.93% as against the previous best of 78.77% in 2023-24; ATF production of 2.72 MT as against the previous best of 2.09 MT in 2023-24; 1.2 MT of Reformate and 95 RON from Aromatic complex as against the previous best of 0.83 MT in 2023-24 and 0.21 MT Benzene production as against the previous best of 0.13 MT in 2023-24.
MRPL commissioned the Devanagonthi marketing terminal near Bengaluru during the year and commenced dispatch of petrol, diesel and ATF from the terminal. It also commissioned 66 new retail outlets, including three in Tamil Nadu, taking the total outlets to 167.
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