16 Oct 2025 | 3 Mins Read

MRPL shares surge 9% on Q2 profitability and higher margins

Flipitmoney

Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a ₹974 crore net profit in Q3, reversing a Q2 loss. Revenue increased 27% to ₹22,648 crore, with EBITDA more than doubling to ₹1,488 crore. The company's operating margins expanded 300 basis points to 6.5%, with shares trading 6.3% higher at ₹151.