Media Release
Mangaluru, Jan 20: The board of directors of Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of ONGC and Schedule "A" Mini Ratna Category I Company during its 267th Meeting held on January 20, 2025 approved it's limited reviewed Standalone and Consolidated financial results for the third quarter (Q3 FY 2024-25) and nine months (IXM FY 2024-25) ended December 31, 2024.
Major highlights for the third quarter (Q3 FY 2024-25):
> Ever highest gross crude & net crude processed for Q3 :-
> Gross crude processing of 4,541.5 TMT (Previous best 4,459.1 TMT in Q3 FY 2022-23)
> Net crude processing of 4,601.0 TMT (Previous best 4,479.7 TMT in Q3 FY 2022-23).
> Merey-16 Crude from Venezuela (API-15.69) was processed for the first time in November 2024.
> Ever Highest Production of following products during a quarter :-
> ATF for Q3 FY 2024-25 ie 763.1 TMT (Previous best was 747.5 TMT in Q2 FY 2024-25).
> Benzene for Q3 FY 2024-25 i.e. 60.6 TMT (Previous best was 49.7 TMT).
Financial highlights for the third quarter Q3 FY 2024-25 (Q3 FY 2023- 24):
• Revenue from operations ? 25,601 Crore (Q3 FY 2023-24 Rs 28,364 Crore).
• Profit before tax Rs 469 Crore (Q3 FY 2023-24 Profit Before Tax Rs 591 Crore).
• Profit after tax of Rs 304 Crore (Q3 FY 2023-24 profit after tax Rs 387 Crore).
• GRM of US$ 6.21 per bbl (Q3 FY 2023-24 GRM of US$ 5.00 per bbl).
Financial highlights for the nine months IXM FY 2024-25 (IXM FY 2023-24):
• Revenue from operations Rs 81,676 Crore (IXM FY 2023-24 Rs 76,033 Crore)
• Loss Before Tax Rs 471 Crore (IXM FY 2023-24 Profit Before Tax Rs 3,755 Crore).
• Loss after Tax of Rs 313 Crore (IXM FY 2023-24 Profit after tax Rs 2,459 Crore).
• GRM of US$ 3.81 per bbl (IXM FY 2023-24 GRM of US$ 9.98 per bbl).
Physical and Financial Performance:
