MRPL Reports Q1 Loss, Revenue Drops

  Published 1 year ago

MRPL posts ₹403 crore pre-tax loss in Q1 FY26 as revenue falls 25%; refining margins and throughput also decline sharply.

  • Revenue drops to ₹17,356 crore; EBITDA plunges 66% YoY to ₹218 crore amid weaker refining margins.
  • Gross refining margin falls to $3.88 per barrel from $4.70; throughput slips to 3.52 MMT in Q1 FY26.
  • ONGC holds 71.63% stake; MRPL highlights record April crude processing despite shutdowns in Phase-2 complex.

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