Mangalore Refinery and Petrochemicals Limited will conduct its 38th Annual General Meeting on August 24, 2026, at 4:00 PM IST through video conferencing and other audio-visual means. The meeting allows shareholders to vote on key resolutions remotely, with eligibility determined by the record date of August 17, 2026. This date establishes the register of members entitled to receive the notice and participate in the voting process.

The remote e-voting period commences on August 21, 2026, at 9:00 AM and concludes on August 23, 2026, at 5:00 PM IST. Shareholders who are members as of the cut-off date can obtain their login ID and password by sending an email request to evoting@nsdl.com . The e-voting module will be disabled by NSDL after the closing time, ensuring no further votes can be cast.

The notice of the 38th AGM and the Annual Report will be sent via email to members listed on the register as of July 17, 2026. A public notice detailing these schedules is also being published in newspapers to inform all stakeholders. The filing was made in compliance with Regulation 30 and 50 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Premachandra Rao Gurpur, Company Secretary, signed the intimation on behalf of Mangalore Refinery and Petrochemicals Limited . The communication was addressed to the stock exchanges, including BSE Limited and National Stock Exchange of India Limited, to ensure the information is placed on record.

Key AGM Dates

Mangalore Refinery and Petrochemicals Ltd reported a standalone net profit of ₹915 crore for the quarter ended June 30, 2026, reversing the net loss of ₹272 crore recorded in the corresponding period of the previous year. Revenue from operations rose significantly to ₹41,609 crore from ₹20,989 crore in the same quarter last year. The company recognized exceptional items of ₹471.76 crore during the quarter, primarily due to the revision of certain petroleum product prices on supplies made in the previous period.

The Board of Directors approved the standalone and consolidated unaudited financial results for the quarter ended June 30, 2026, at a meeting held on July 15, 2026. Profit before tax for the quarter stood at ₹1,215 crore, compared to a loss before tax of ₹403 crore in the previous year. The company's total comprehensive income for the quarter was ₹912 crore, compared to a loss of ₹277 crore in the same period last year.

Financial Performance

The following table summarises the key standalone financial metrics on a year-on-year basis:

On a sequential basis, EBITDA for the quarter stood at 13.2B rupees compared to 17.8B rupees in the preceding quarter, with EBITDA margin at 3.17% versus 6.25% quarter-on-quarter. The company's consolidated net profit for the quarter was ₹946 crore, compared to a net loss of ₹271 crore in the corresponding period of the previous year. Total comprehensive income attributable to the owners of the company stood at ₹943 crore.

The key sequential performance metrics are summarised below:

Operational Highlights

Crude throughput for the quarter stood at 4.43 million metric tonnes (MMT), up from 3.52 MMT in the same quarter last year. MRPL achieved a significant milestone in its Sustainable Aviation Fuel (SAF) journey by obtaining certification under the ISCC CORSIA framework on April 24, 2026, for co-processing of Used Cooking Oil (UCO).

The company received PNGRB authorization for an ATF pipeline from Devangonthi Terminal to Kempegowda International Airport in Bengaluru. Product loading commenced at Aegis Terminal in Mangaluru, Hindupur depot in Andhra Pradesh, and Ennore terminal in Tamil Nadu. Lease agreements were executed for tankages at Jawaharlal Nehru Port Authority in Navi Mumbai, Kakinada, and Krishnapatnam in Andhra Pradesh.