MRPL Q3 & 9M FY 2025-26 Results: Net Profit Rises to ₹1,445 Crore in Q3

Mumbai: Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC and a Schedule ‘A’ Government of India Enterprise, on Wednesday announced its un-audited financial results for the third quarter (Q3 FY 2025-26) and nine months (9M FY 2025-26) ended December 31, 2025, following approval by the Board of Directors.

Financial Highlights – Q3 FY 2025-26 (Standalone)

Revenue from Operations: ₹29,720 Crore (Q3 FY 2024-25: ₹25,601 Crore)
Profit Before Tax (PBT): ₹2,214 Crore (Q3 FY 2024-25: ₹469 Crore)
Profit After Tax (PAT): ₹1,445 Crore (Q3 FY 2024-25: ₹304 Crore)
Debt-to-Equity Ratio: Improved from 0.79 (Sep 30, 2025) to 0.63 (Dec 31, 2025)

Financial Highlights – 9M FY 2025-26 (Standalone)

Revenue from Operations: ₹76,661 Crore (9M FY 2024-25: ₹81,676 Crore)
Profit Before Tax (PBT): ₹2,786 Crore (9M FY 2024-25: Loss ₹471 Crore)
Profit After Tax (PAT): ₹1,812 Crore (9M FY 2024-25: Loss ₹313 Crore)
Total Borrowing: Reduced from ₹12,867 Crore to ₹9,290 Crore
Debt-to-Equity Ratio: Improved from 0.99 (Mar 31, 2025) to 0.63 (Dec 31, 2025)

Operational Highlights

Total throughput (crude + others) for 9M FY 2025-26 stood at 12.65 MMT against 13.54 MMT in 9M FY 2024-25.
Commenced storing crude in Cavern Storage facility leased from ISPRL, Mangalore.
Processed Sarir Mesla crude from Libya (API ~37.24) for the first time at MRPL refinery.

Awards and Recognition

Export Excellence Awards by FIEO under “Five Star Export House” and “Highest Foreign Exchange Earner” categories.
Excellence in Digital Procurement Transformation award at India Supply Chain Summit 2025 for digitization of PR-to-PO process.
Best Innovation in R&D in Refining Technology at the 28th Energy Technology Meet (ETM 2025).
19th Exceed Environment, CSR & HR Awards (Legend Emerging Award) for Environment Improvement category.

MRPL continues to demonstrate strong operational performance, financial prudence, and a commitment to sustainable growth, further consolidating its position as a key player in India’s refining and petrochemicals sector.