FY26 Profit Soars on Strong Margins, but Q4 PAT Plummets
Mangalore Refinery and Petrochemicals Limited · MRPL · NSE ·
Full-year (FY26) Net Profit surged by 3686% to ₹1,931 Crore, up from ₹51 Crore in FY25. This massive growth was driven by Gross Refining Margin (GRM) more than doubling to $9.22/bbl for the year. <b>Red Flag:</b> Q4 Net Profit (PAT) dropped sharply by 69% to ₹119 Crore, despite P…