Refineries & Petro products company Mangalore Refinery And Petrochemicals announced Q1FY25 results: Financial Highlights: Revenue from operations Rs 27,289 crore (Q1FY24 Rs 24,825 crore) Profit Before Tax Rs 101 crore (Q1FY24 Profit Before Tax Rs 1,559 crore). Profit After Tax of Rs 66 crore (Q1FY24 Profit After Tax Rs 1,013 crore). GRM of USD 4.70 per bbl (Q1FY24 GRM of USD 9.81 per bbl). Debt Equity Ratio improved from 0.94 as on March 31, 2024 to 0.89 as on June 30, 2024. Business Highlights: Ever highest crude processed in any month is recorded in the month of May-2024 i.e. 1,593.2 TMT (Previous highest was 1,557.3 TMT in Jan-2016). Ever highest ATF dispatch recorded in the month of May-2024 i.e. 230.416 TMT (Previous highest was 227.515 TMT in Feb-24). VARANDEY crude from Russia, (API ~ 37.63) was processed for the first time in the month of June 2024. EOCENE crude from Saudi - Kuwait Neutral Zone, (API~ 18.07) was processed for the first time in the month of June 2024. KALININGRAD crude from Russia, (API ~ 39.43) was processed for the first time in the month of April 2024. June month crude processed - ever highest 1,474.34 TMT (Previous highest was 1,463.3 TMT in Jun-2015). Result PDF
Refineries & Petro products company Mangalore Refinery And Petrochemicals announced Q4FY24 & FY24 results: Q4FY24 Financial Highlights: Revenue from operations Rs 29,190 crore (Q4FY23 Rs 29,401 crore). Profit Before Tax Rs 1,766 crore (Q4FY23 Profit Before Tax Rs 2,950 crore). Profit After Tax of Rs 1,137 crore (Q4FY23 Profit After Tax Rs 1,908 crore). GRM of USD 11.35 per bbl (Q4FY23 GRM of USD 15.12 per bbl). FY24 Financial Highlights: Revenue from operations Rs 1,05,223 crore (FY23 Rs 1,24,736 crore) Profit before Tax Rs 5,521 crore (FY23 Profit before tax Rs 4,239 crore). Profit after Tax of Rs 3,596 crore (FY23 Profit after tax Rs 2,638 crore). GRM of USD 10.36 per bbl (FY23 GRM of USD 9.88 per bbl). Total reduction in interest bearing Long Term Borrowings: Rs 5,058 crore (i.e. from Rs 14,837 crore as on March 31, 2023 to Rs 9,779 crore as on March 31, 2024). Debt Equity Ratio improved from 1.70 as on March 31, 2023 to 0.94 as on March 31, 2024. Result PDF