Mangalore Refinery & Petroleum Limited (MRPL) has outlined its expectations for strong operational performance in Q4 FY26, citing anticipated ongoing market support. The company has also announced its strategic intention to further reduce its current debt levels in the coming quarter.

Current Financial Position

The refinery currently carries a total debt burden of ₹9,290.00 crore, which represents a significant component of its capital structure. The company's management has identified debt reduction as a key priority for the upcoming quarter.

Strategic Debt Reduction Plans

MRPL has expressed its commitment to further reducing its debt levels in the next quarter, though this initiative remains contingent on prevailing market conditions. The company's approach reflects a cautious yet optimistic stance toward financial management, balancing growth opportunities with fiscal responsibility.

Market Outlook and Performance Expectations

The company anticipates good performance in Q4 FY26, supported by expected favorable market dynamics. This positive outlook forms the foundation for the company's debt reduction strategy, as improved operational performance would provide the necessary cash flows to support deleveraging efforts.

The success of MRPL's debt reduction plans will largely depend on market conditions remaining favorable throughout the target period. The company's management appears confident in the underlying market support that could facilitate both operational excellence and financial optimization.

Mangalore Refinery & Petroleum has notified stock exchanges about the availability of conference call recordings discussing its Q3FY26 financial results. The company held the conference call on January 19, 2026, with analysts and investors to review unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Regulatory Compliance and Disclosure

The disclosure was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company informed both BSE Limited and National Stock Exchange of India Limited about the conference call recordings through formal communication signed by Company Secretary Premachandra Rao G.

Conference Call Recording Details

The company has made both audio and video recordings accessible through its official website. The recordings capture the complete discussion held on Monday, January 19, 2026, regarding the company's financial performance.

Stock Exchange Communication

The notification was simultaneously sent to both major Indian stock exchanges where the company's securities are listed. The communication included relevant trading symbols and identification codes for proper reference and compliance tracking.

Corporate Transparency Initiative

By providing accessible recordings of the earnings discussion, Mangalore Refinery and Petrochemicals Limited ensures transparency and equal access to information for all stakeholders. This practice allows investors and analysts who could not participate in the live session to access the complete discussion about the company's Q3FY26 performance and management commentary.

The availability of these recordings supports the company's commitment to maintaining transparent communication with its investor community and adhering to regulatory disclosure requirements.