MRPL Reports Stellar Q1 FY27: PBT Hits ₹1,245 Crore on Strong Revenue Growth

BY ADMIN • FILED 16 Jul 2026, 9:19 AM

Mangalore Refinery and Petrochemicals Limited (MRPL) has started FY27 on a strong note, delivering an impressive financial performance in the first quarter. The company posted a Profit Before Tax (PBT) of ₹1,245.67 crore for the quarter ended June 30, 2026, reflecting a sharp improvement over the corresponding period last year, driven by robust refinery operations and improved business performance.

The financial results were approved by MRPL’s Board of Directors at its meeting held on July 15, 2026, highlighting a quarter marked by significant revenue growth and healthy profitability.

Revenue Surges as Refinery Operations Gain Momentum

MRPL reported consolidated revenue from operations of ₹41,608.96 crore during Q1 FY27, almost doubling from ₹20,988.53 crore recorded in the same quarter of the previous financial year. Revenue also witnessed a sharp sequential rise from ₹28,493.04 crore reported in the March 2026 quarter, indicating stronger throughput and improved operational efficiency.

The company’s total income for the quarter stood at ₹41,679.85 crore, while it also recognized net exceptional income of ₹471.76 crore, further strengthening its earnings during the period.

Q1 FY27 Financial Highlights (Consolidated)

Revenue from Operations: ₹41,608.96 crore
Total Income: ₹41,679.85 crore
Profit Before Tax (PBT): ₹1,245.67 crore
Net Exceptional Income: ₹471.76 crore

Board Approves Key Governance and Audit Appointments

Apart from announcing the quarterly financial results, MRPL’s Board also approved several important corporate governance decisions.

The company appointed Shri Sanjib Kumar Mandal as its new Internal Auditor, replacing Shri M. H. Shantharam, who has been transferred internally.

The Board also appointed M/s Bandyopadhyaya Bhaumik & Co., Cost Accountants, Kolkata, as the Cost Auditor for the financial year 2026-27.

In another significant move, the Board recommended that shareholders approve the revised Memorandum of Association (MoA) and Articles of Association (AoA) to align them with the provisions of the Companies Act, 2013, reinforcing MRPL’s commitment to strong corporate governance and regulatory compliance.