<p>Mangaluru: Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, announced its financial results for the fourth quarter and full financial year 2024–25 at its 269th Board Meeting held on Saturday.</p><p>For the fourth quarter (Q4 FY 2024–25), MRPL reported revenue from operations of Rs 27,601 crore, compared to Rs 29,190 crore in Q4 of the corresponding period last year. The profit before tax stood at Rs 584 crore against Rs 1,766 crore in the previous year’s corresponding quarter. Profit after tax for Q4 was Rs 363 crore against Rs 1,137 crore recorded during the corresponding period last year, a dip of 68 per cent. The gross refining margin (GRM) for the quarter was $6.23 per barrel, compared to $11.35 per barrel in Q4 FY 2023–24.</p>.Deepinder Goyal refutes Reddit post on losing market share, forcing employees to order from Zomato.<p>MRPL’s revenue from operations for FY 2024–25 stood at Rs 1,09,277 crore, an increase from Rs 1,05,223 crore in FY 2023–24. However, the company’s profit after tax (PAT) declined significantly to Rs 51 crore, compared to Rs 3,596 crore in the previous fiscal. The gross refining margin (GRM) for the year was $4.45 per barrel, down from $10.36 per barrel in FY 2023–24.</p><p>The company achieved its highest-ever gross crude throughput of 18.044 million metric tonnes (MMT) during FY 2024–25, surpassing its previous record of 17.116 MMT in FY 2022–23. The distillate yield improved to 81.93 per cent, while aviation turbine fuel (ATF) production increased to 2.72 MMT. Production of reformate and 95 RON MS from the aromatic complex rose to 1.20 MMT, and benzene production was 0.21 MMT as against 0.13 MMT last year. MRPL also achieved its lowest specific energy consumption (MBN) of 70.71 since Phase-3 commissioning, demonstrating further operational efficiency.</p>
<p>Mangaluru: Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC, announced its financial results for the fourth quarter and full financial year 2024–25 at its 269th Board Meeting held on Saturday.</p><p>For the fourth quarter (Q4 FY 2024–25), MRPL reported revenue from operations of Rs 27,601 crore, compared to Rs 29,190 crore in Q4 of the corresponding period last year. The profit before tax stood at Rs 584 crore against Rs 1,766 crore in the previous year’s corresponding quarter. Profit after tax for Q4 was Rs 363 crore against Rs 1,137 crore recorded during the corresponding period last year, a dip of 68 per cent. The gross refining margin (GRM) for the quarter was $6.23 per barrel, compared to $11.35 per barrel in Q4 FY 2023–24.</p>.Deepinder Goyal refutes Reddit post on losing market share, forcing employees to order from Zomato.<p>MRPL’s revenue from operations for FY 2024–25 stood at Rs 1,09,277 crore, an increase from Rs 1,05,223 crore in FY 2023–24. However, the company’s profit after tax (PAT) declined significantly to Rs 51 crore, compared to Rs 3,596 crore in the previous fiscal. The gross refining margin (GRM) for the year was $4.45 per barrel, down from $10.36 per barrel in FY 2023–24.</p><p>The company achieved its highest-ever gross crude throughput of 18.044 million metric tonnes (MMT) during FY 2024–25, surpassing its previous record of 17.116 MMT in FY 2022–23. The distillate yield improved to 81.93 per cent, while aviation turbine fuel (ATF) production increased to 2.72 MMT. Production of reformate and 95 RON MS from the aromatic complex rose to 1.20 MMT, and benzene production was 0.21 MMT as against 0.13 MMT last year. MRPL also achieved its lowest specific energy consumption (MBN) of 70.71 since Phase-3 commissioning, demonstrating further operational efficiency.</p>