MRPL Q3 Profit Soars: More Than Doubles Quarter-on-Quarter, Quadruples Year-on-Year

• Mangalore Refinery and Petrochemicals Company (MRPL) reported a significant jump in its December quarter results.
• Net profit surged to ₹1,451 crore, more than doubling quarter-on-quarter from ₹627 crore and quadrupling year-on-year from ₹309.2 crore.
• Revenue increased by 13% year-on-year to ₹24,712 crore and 9% quarter-on-quarter.
• EBITDA nearly doubled year-on-year to ₹2,784.6 crore from ₹1,031 crore, and also saw a sharp rise quarter-on-quarter from ₹1,489 crore.
• Margins improved significantly, reaching 11.3% from 4.7% year-on-year and 6.6% quarter-on-quarter.

Why It Matters: MRPL delivered exceptional Q3 results with profit and EBITDA more than doubling sequentially and quadrupling annually.