MRPL reports strong Q2 and H1 FY26 results, reversing prior year losses

Mangalore Refinery & Petrochemicals Limited (MRPL) reported a significant turnaround in its financial performance for the second quarter (Q2 FY26) and first half (H1 FY26) ended September 30, 2025. Revenue from operations for Q2 FY26 stood at INR 25,953 Crore, with a profit before tax (PBT) of INR 975 Crore and a profit after tax (PAT) of INR 639 Crore, reversing losses from the prior year. For H1 FY26, revenue from operations reached INR 46,941 Crore, with a PBT of INR 572 Crore and a PAT of INR 367 Crore.

Operationally, MRPL processed New Crude Hout from Kuwait Neutral zone for the first time in September 2025. The Devangonthi terminal also achieved its highest monthly dispatch of 65.40 TKL during September 2025. The board of directors approved these unaudited financial results on October 15, 2025.

The company received several accolades, including the "Winner" award in the excellence in WASH category at the FKCCI India CSR & Sustainability Awards 2025, the "24th Global Greentech Environment & Sustainability Summit, Awards 2025" in the "Environment Protection Category," and the Mahatma HR Excellence Award. MRPL also won the "Karnataka Best Employer Brand Award 2025" and eleven PRCI Excellence Awards 2025, including three Gold.