MRPL Shares Soar 7% on Q3 Results Date Announcement; Profit Jumps

Business
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Moneycontrol•31-12-2025, 16:29
MRPL Shares Soar 7% on Q3 Results Date Announcement; Profit Jumps
- •Mangalore Refinery and Petrochemicals Limited (MRPL) shares surged 7.49% to Rs 152.20 on December 31, with an intraday high of 12%.
- •The company's board will meet on January 15, 2026, to approve Q3 (Oct-Dec 2025) financial results.
- •MRPL reported a consolidated net profit of Rs 627.36 crore in Jul-Sep 2025, a significant turnaround from a loss of Rs 696.94 crore a year prior.
- •Despite profit, consolidated revenue for Jul-Sep 2025 fell 10% year-on-year to Rs 25952.94 crore.
- •Shares have gained 14% in 3 months and 171% in 3 years; government holds 88.58% stake via ONGC and HPCL.
Why It Matters: MRPL shares rallied on Q3 results announcement, showing strong profit recovery despite revenue dip.
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