Mangalore Refinery And Petrochemicals announced Q1FY24 results: Highest ever Refinery Net Throughput during the first quarter: 4.36 MMT. Highest-ever Capacity Utilization during the first quarter: 116.26 % (installed capacity of 15.00 MMTPA). Highest ever MS (BSVI and Non-BSVI) production per month at 229.9 TMT per month. Highest MS-VI Domestic Dispatch - 178 TMT, in June 2023. Retail expansion plan is put in place. As on June 30, 2023, 68 retail outlets have been commissioned. Gross revenue from operations Rs 24,832 crore (Q1FY23 Rs 35,915 crore). Profit before Tax of Rs 1,559 crore (Q1FY23 Profit before tax Rs 4,153 crore). Profit after Tax of Rs 1,013 crore (Q1FY23 Profit after tax Rs 2,707 crore). GRM of 9.81 USD/bbl (Q1FY23 GRM of 24.45 USD/bbl). Total reduction in interest-bearing Borrowings: Rs 1,557 crore (i.e. from Rs 16,550 crore as on March 31, 2023, to Rs 14,993 crore as on June 30, 2023). Total reduction in interest-bearing Borrowings: Rs 3,538 crore (i.e. from Rs 18,531 crore as on June 30, 2022, to Rs 14,993 crore as on June 30, 2023). Result PDF