MRPL Q2 results, reported loss of Rs 683.6 crore
The company's revenue from operations increased 29% to Rs 24,967.9 crore as against Rs 19,353.3 crore in the corresponding period of the preceding fiscal.
MRPL Q2 results, reported loss of Rs 683.6 crore
New Delhi: Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a loss of Rs 683.6 crore for the second quarter that ended September 30, 2024, on Friday (October 18).
Mangalore Refinery and Petrochemicals posted a net profit of Rs 1,059 crore in the corresponding quarter of the previous fiscal, the company said in a regulatory filing.
The company's revenue from operations increased 29% to Rs 24,967.9 crore as against Rs 19,353.3 crore in the corresponding period of the preceding fiscal.
Read Also : MGL shares in focus, Board to hold meet on 28 Jan for FY results, interim dividendAt the operating level, EBITDA loss was Rs 473.8 crore in the second quarter of this fiscal year, compared to Rs 2,138.3 crore in the corresponding period of the previous fiscal year. The results came after the close of the market hours. Shares of Mangalore Refinery and Petrochemicals Ltd ended at Rs 165.60, down by Rs 3.15, or 1.87% on the BSE.
Read Also : Coromandel International Unveils Advanced Soil and Leaf Testing LaboratoryNews Must Read
- EPFO simplified process for transfer of PF account on change of jobs
- Powergrid Director (Operations) Discusses cooperation with UAE GCC Authority
- Railways Minister Ashwini Vaishnaw Inspects Mumbai Bullet Train Tunnel Construction
- Coal India Ltd aims for 4-5% production growth in FY25
- SAIL supplied entire 4,000 tonnes of special steel for INS Nilgiri
- Indian Bank Welcomes New Managing Director & CEO
- PFC signs Rs. 6,500 Crore loan agreement
- Indian Railway Finance signs lease agreement with NTPC Ltd for up to Rs 700 crores
- Punjab & Sind Bank Q3FY25 results: Net profit stood at Rs 282 crore, Gross NPAs declines 3.8%
- HUDCO schedules Board meet to approve interim dividend, record date and borrowing plan for FY25