Latest news with #MangaloreRefineryandPetrochemicalsLtd
The Hindu
17-05-2025
- Business
- The Hindu
MRPL hands over three-wheeler scooters to 19 PwDs
Mangalore Refinery and Petrochemicals Ltd. (MRPL) distributed motorised three-wheeler scooters costing ₹21 lakh to 19 persons with disabilities (PwD) in Mangaluru on Friday. The scooters were handed over during the inaugural function of Praja Soudha at Padil, which was attended, among others, by Chief Minister Siddaramaiah. The initiative, under the company's corporate social responsibility, aims to empower beneficiaries by enhancing their mobility and enabling greater self-reliance in day-to-day activities and livelihood efforts. Most of the recipients were from the surrounding villages of MRPL. M. Shyamprasad Kamath, managing director of the company, and Maneesh Nayak, District Disability Officer, were among those who were present during the handing over ceremony, an MRPL release said on Saturday.
Time of India
06-05-2025
- Business
- Time of India
MRPL to shut crude unit for maintenance in mid-May, sources say, ET EnergyWorld
Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETEnergyworld App Get Realtime updates Save your favourite articles Scan to download App New Delhi: Mangalore Refinery and Petrochemicals Ltd will shut its 144,000 barrels-per-day ( bpd crude distillation unit from mid-May, a refinery source and four traders said. MRPL , a subsidiary of the country's top explorer Oil and Natural Gas Corp, operates a 300,000 bpd refinery in southern India."The maintenance will last for about 30-45 days," the refinery source said. The company's communication office did not respond to a Reuters email seeking comments.
Business Upturn
28-04-2025
- Business
- Business Upturn
MRPL shares drop 3% as Q4 net profit falls 68% YoY to Rs 363 crore
By Aman Shukla Published on April 28, 2025, 10:34 IST Mangalore Refinery and Petrochemicals Ltd (MRPL) shares fell nearly 3% on Monday after the company reported disappointing Q4 results for the financial year 2024. As of 10:31 AM, the shares were trading 3.79% down at Rs 131.92. MRPL's net profit for the March quarter slumped 68% to ₹363 crore, compared to ₹1,136 crore in the same quarter last year. Revenue also declined by 2.9%, coming in at ₹24,596 crore against ₹25,328 crore a year ago. The company's EBITDA dropped sharply by 51.7% to ₹1,130 crore from ₹2,339 crore in Q4 FY23. Moreover, MRPL's EBITDA margin contracted significantly to 4.6% from 9.2% in the corresponding period of the previous year, indicating pressure on profitability. MRPL shares opened at ₹133.00 today, reaching a high of ₹134.88 and dipping to a low of ₹130.70 during trading. The stock remains well below its 52-week high of ₹259.90 but above its 52-week low of ₹98.92. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
