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MRPL's Rs 330-crore Bengaluru marketing terminal, with 77,000 KL storage, is set for PM dedication. It is expected to avoid 40,000 tonnes of annual CO2 emissions.
Q2 FY27 standalone PAT ₹1,881 cr (vs ₹639 cr), EBITDA ₹3,210 cr; H1 PAT ₹2,796 cr. Borrowings cut to ₹9,245 cr; D/E 0.55.
MRPL received a Customs order demanding ₹1,39,871 plus interest and penalty for 2021 tariff misclassification. The company is considering challenging the order after depositing the money.
Mangalore Refinery set 29 December 2026 as the record date for 13 January 2027 NCD interest. Payment covers the 7.40% coupon for the year.
MRPL submitted its security cover certificate for the period ended September 30, 2026. The document discloses NIL values for the required security cover.
MRPL board declared an interim dividend of ₹3 per equity share. The record date is October 21, 2026, for payment by November 4, 2026.
Mangalore Refinery And Petrochemicals Ltd reported revenue from operations of ₹35,590 Cr (+37.1% YoY) and net profit of ₹1,901 Cr (+203.0% YoY) for Q2 FY27.
MRPL formed ONGC Petrochemicals Marketing Limited with ONGC and OpAL in a 50:25:25 JV. MRPL invested ₹12.5 crore for its 25% stake in the petrochemical trading entity.
Mangalore Refinery and Petrochemicals Limited has scheduled a board meeting on October 14, 2026. The board will consider standalone and consolidated un-audited financial results for the quarter ended September 30, 2026.
The Karnataka High Court dismissed an appeal against MRPL regarding a CENVAT credit dispute. The favorable order resolved a tax matter involving ₹173.77 Crore.
MRPL reported a fire incident at its Coker Hydrotreater Unit resulting in a fatality. The company announced total financial support of ₹1.20 Crore for the family.
Mangalore Refinery and Petrochemicals Limited submitted its half-yearly statement of outstanding Non-convertible Debentures (NCDs) as of September 30, 2026, as required by SEBI regulations.
MRPL clarified that the cancellation of export tenders due to a recent fire incident has no material commercial impact on the company's operations.
Mangalore Refinery and Petrochemicals Limited appointed Shri Mohit Kumar Aggarwal as a Government Nominee Director. His appointment is effective from September 29, 2026, for three years.
Mangalore Refinery and Petrochemicals Limited reported a fire incident at its Coker Hydrotreater Unit on September 30, 2026. The fire is under control with one minor injury reported.
Fitch Ratings has assigned an initial Long-Term Issuer Default Rating of 'BBB-' to Mangalore Refinery and Petrochemicals Limited. The rating outlook is Stable.