The Board of Mangalore Refinery And Petrochemicals at its meeting held on 20 January 2025 has approved acquisition of 1,34,80,000 equity shares of Mangalore SEZ (MSEZ) from IL&FS at a revised consideration of Rs 65.66 crore. After this acquisition, equity stake of the Company shall increase from 0.96% to 27.92% in MSEZ. Powered by Capital Market - Live News

Net profit of Mangalore Refinery And Petrochemicals declined 21.11% to Rs 309.30 crore in the quarter ended December 2024 as against Rs 392.08 crore during the previous quarter ended December 2023. Sales declined 11.34% to Rs 21870.86 crore in the quarter ended December 2024 as against Rs 24667.08 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales21870.8624667.08 -11 OPM %4.714.70 - PBDT805.97930.44 -13 PBT474.46596.17 -20 NP309.30392.08 -21 Powered by Capital Market - Live News

Mangalore Refinery And Petrochemicals will hold a meeting of the Board of Directors of the Company on 20 January 2025.Powered by Capital Market - Live News

Mangalore Refinery And Petrochemicals announced the appointment of following persons as Non-Official Independent Directors on the Board of MRPL for a period of three years w.e.f. the date of the notification of their appointment, or until further orders:1. Rajkumar Sharma 2. Manohar Singh Verma 3. Pankaj Gupta Powered by Capital Market - Live News

Net loss of Mangalore Refinery And Petrochemicals reported to Rs 696.94 crore in the quarter ended September 2024 as against net profit of Rs 1051.69 crore during the previous quarter ended September 2023. Sales rose 29.01% to Rs 24967.87 crore in the quarter ended September 2024 as against Rs 19353.34 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales24967.8719353.34 29 OPM %-1.9011.05 - PBDT-713.371893.90 PL PBT-1055.721597.93 PL NP-696.941051.69 PL Powered by Capital Market - Live News