Results - Announcements
Mangalore Refinery And Petrochemicals Ltd share price advanced by 5.38% to Rs 185.25 after the company's net profit surged by 100.99% to Rs 1900.76 crore, while revenue from operations reduced 15% to Rs 32516.24 crore in Q3FY26 over Q2FY26.
The market capitalization of Refineries & Marketing industry group stocks on BSE stood at Rs 22.67 lakh crore, surging by 17.26%. It has improved by 0.23% over last one week and slid back by 10.69% in last one month while the market capitalization of Mangalore Refinery And Petrochemicals Ltd has inched up 6.47% and 6.22% in the same period respectively.
Profit before tax (PBT) of Mangalore Refinery And Petrochemicals Ltd stood at Rs 2538.8 crore in Q3 FY26, rallying 163.54% year-on-year, and jumping 103.81% quarter-on-quarter. EBITDA came in at Rs 3229 crore, expanding by 126.29% YoY and expanding by 159.03% sequentially.
Total expenses plunged by 20.61% to Rs 29644.21 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 29109.27 crore, dropping by 17.40% YoY, while employee benefits expense was at Rs 179.07 crore, easing 1.09% YoY.
For the TTM ended FY26, revenue from operations declined slightly by 6.35% to Rs 88667.49 crore, while net profit soared by 3323.91% to Rs 1924.58 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 231146% to Rs 6037.26 crore, and PBT soared 3276.99% to Rs 4014.9 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 2531.19 crore in FY26, as against Rs 1877.9 crore in FY25.
Mangalore Refinery And Petrochemicals Ltd rallied 31.34% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 11.27% during the same period.