MRPL Stock Soars 12% on Robust Q3 Earnings; Net Profit Jumps to ₹1,451 Crore

MRPL | The stock fell as much as 8% on Monday after reporting a net loss in the June quarter, in comparison to a net profit that it had reported during the same quarter last year. The stock has snapped a four-day gaining streak after this fall.

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CNBC TV18•14-01-2026, 15:30

MRPL Stock Soars 12% on Robust Q3 Earnings; Net Profit Jumps to ₹1,451 Crore

•Mangalore Refineries and Petrochemicals Ltd. (MRPL) shares surged up to 12% following strong Q3 results.
•Net profit for the December quarter reached ₹1,451 crore, a significant increase from ₹627 crore in the September quarter.
•Revenue grew 9% quarter-on-quarter to ₹24,712 crore, adjusted for excise duty.
•EBITDA more than doubled to ₹2,784 crore from ₹1,489 crore in the previous quarter.
•EBITDA margin expanded by nearly 500 basis points, reaching 11.3%.

Why It Matters: MRPL reported exceptional Q3 performance, driving its stock up significantly with strong profit and revenue growth.

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