Mangalore Refinery and Petrochemicals Limited (MRPL) announced its unaudited financial results for the third quarter (Q3 FY 2025-26) and nine months (9M FY 2025-26) ended December 31, 2025. The Board of Directors approved these results in their meeting held on January 14, 2026.

For the third quarter, MRPL reported a revenue from operations of ₹29,720 Crore, a significant increase from ₹25,601 Crore in the corresponding quarter of the previous year. Profit Before Tax surged to ₹2,214 Crore from ₹469 Crore, and Profit After Tax reached ₹1,445 Crore, compared to ₹304 Crore in Q3 FY 2024-25. The Debt Equity Ratio improved to 0.63 as of December 31, 2025, from 0.79 as of September 30, 2025.

For the nine-month period, revenue from operations stood at ₹76,661 Crore, a decrease from ₹81,676 Crore in the same period last year. However, the company turned around its profitability, reporting a Profit Before Tax of ₹2,786 Crore against a loss of ₹471 Crore in the previous year. Profit After Tax for the nine months was ₹1,812 Crore, a substantial improvement from a loss of ₹313 Crore in the prior year. Total borrowing reduced from ₹12,867 Crore to ₹9,290 Crore, and the Debt Equity Ratio improved to 0.63 as of December 31, 2025, from 0.99 as of March 31, 2025.

In terms of physical performance, the throughput for Q3 FY 2025-26 was 4.70 MMT. MRPL commenced storing crude in the Cavern Storage facility leased from ISPRL in October 2025 and processed Sarir Mesla Crude from Libya for the first time. The company also received prestigious awards, including Export Excellence Awards from FIEO and an Innovation Award for Best Innovation in Research & Development.