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( As on 15/07/2026 20:20)

Mangalore Refinery posts Q1 net profit of Rs 914.82 cr

The company reported standalone net profit during the quarter stood at Rs 914.82 crore compared to net loss of Rs 271.97 crore in the previous year quarter.

Net revenue of the company rose triple digit by 120.41 per cent at Rs 38,254.19 crore in April-June quarter of this fiscal as against Rs 17,356.23 crore in the corresponding period last year.

During April-June quarter, operating expenses increased by 115.04 per cent to Rs 36,936.58 crore from Rs 17,176.64 crore in year ago period.

Other Income grew by 86.41 per cent at Rs 70.89 crore versus (Jun'25 Rs 38.03 crore).

Operating Profit surged by 633.68 per cent to Rs 1,317.61 crore as against Rs 179.59 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 233.98 per cent in June quarter.

Interest declined by 5.00 per cent y-o-y to Rs 244.31 crore, while Taxation increased by 329.12 per cent at Rs 299.99 crore (Jun'25 Rs -130.93 crore).