MRPL Reports 68% Decline in Q4 Net Profit Amid Challenging Market Conditions Apr 26, 2025
Mangalore Refinery and Petrochemicals Limited (MRPL) announced its Q4 FY 2024-25 results, showing a significant decline in profitability. Net profit fell 68% to ₹363.00 crore, while revenue decreased by 2.9% to ₹24,596.00 crore. EBITDA dropped 51.7% to ₹1,130.00 crore, with the EBITDA margin contracting to 4.6%. For the full fiscal year, net profit plummeted to ₹50.58 crore from ₹3,595.93 crore in the previous year. Despite challenges, MRPL maintained a strong financial position with total assets of ₹34,399.01 crore and a net worth of ₹12,933.78 crore. The company's board did not recommend any dividend for FY 2024-25.