5001092026-01-012026-03-315001092026-03-315001092025-03-315001092025-04-012026-03-315001092026-01-012026-03-31in-capmkt:OtherExpenses1Member5001092026-01-012026-03-31in-capmkt:OtherExpenses2Member5001092025-04-012026-03-31in-capmkt:OtherExpenses1Member5001092025-04-012026-03-31in-capmkt:OtherExpenses2Member5001092026-03-31OtherNoncurrentFinancialAssetsDomain15001092026-03-31OtherNoncurrentAssetsDomain15001092026-03-31OtherNoncurrentAssetsDomain25001092026-03-31OtherCurrentFinancialAssetsDomain15001092026-03-31OtherCurrentAssetsDomain15001092026-03-31OtherNoncurrentFinancialLiabilitiesDomain15001092026-03-31OtherCurrentFinancialLiabilitiesDomain15001092026-03-31OtherCurrentFinancialLiabilitiesDomain25001092026-03-31OtherCurrentLiabilitiesDomain15001092026-01-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001092025-04-012026-03-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001092026-01-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15001092025-04-012026-03-31ItemsThatWillBeReclassifiedToProfitAndLoss15001092026-01-012026-03-31AuditorDomain15001092026-01-012026-03-31AuditorDomain2iso4217:INRxbrli:pureiso4217:INRxbrli:shares500109MRPLMRPLINE103A01014Mangalore Refinery and Petrochemicals LimitedMain BoardEquity2025-04-012026-03-312026-04-242026-04-17INRCroresQuarterlyFourth quarterSingle segmentDownstream Petroleum Sector2026-04-2415:45:002026-04-2417:40:00trueCash Flow IndirectDeclaration of unmodified opinion2026-01-012026-03-31AuditedConsolidated28493040000059200000028552240000022802040000046500000-226163000003058600000211870000039491000005859040000027316740000012355000000012355000000222560000089358000001116140000001193600000000-237000001169900000158000000132790000011699000000158000000017526000000100.670.67000.670.671.00960.12528.6841Notes to Consolidated Financial Results: <BR> <BR> 1. "Pursuant to the completion of tenure of Independent Directors on the Board of the Company on March 27, 2026, the Board does not have requisite number of Independent Directors as per the provisions of Regulation 17(1) of SEBI (LODR) Regulations, 2015, the Companies Act, 2013 and DPE guidelines. Accordingly, for the purpose of quorum as required under Regulation 17(2A) for Board Meeting and Regulation 18(2)(b) for Audit Committee Meetings under SEBI (LODR) Regulations, currently, the functions of Audit Committee are carried out by the Board of the Company. The Company has been regularly requesting the Administrative Ministry for appointment of requisite number of Independent Directors on the Board of the Company. Accordingly, the financial statements have been reviewed and approved by the Board in its meeting held on April 24, 2026. <BR> <BR> 2. The Audited Accounts are subject to Supplementary Audit by the Comptroller and Auditor General of India under section 143(6) of the Companies Act, 2013. <BR> <BR> 3. The financial results of the Company have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standards (Ind AS), prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules (as amended) issued thereunder and the other accounting principles generally accepted in India. <BR> <BR> 4. Investment in Joint Venture Company 'Shell MRPL Aviation Fuels & Services Limited' is consolidated as per equity method. <BR> <BR> 5. The financial results have been reviewed by the Joint Statutory Auditors as required under Regulation 33 and 52 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). <BR> <BR> 6. The Company operates only in a single segment viz. downstream petroleum sector. As such reporting is done on a single segment basis. <BR> <BR> 7. As per the amendments made to Income Tax Act, 2025 vide Finance Act, 2026, from FY 2026-27 onwards, companies opting for lower tax rate as per Section 200 are allowed to carry forward and utilise the MAT Credit subject to certain conditions, which was not hitherto allowed under related provisions of the Income Tax Act, 1961 applicable up to FY 2025-26. Company is currently following the old tax regime and considering these amendments, intends to opt for lower tax rate under Section 200 of Income Tax Act, 2025 from Financial Year 2026-27. <BR> As deferred tax assets and liabilities shall be measured at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled, accordingly, the Company considered effective tax rate of 25.168% as against 34.944% for measuring the expected future realisations and settlements. <BR> In view of above, deferred tax asset on account of MAT credit of ` 1,802.48 crore as at March 31, 2026 has not been carried forward to the extent that it is probable that future taxable profit based on projections will not be available against which MAT Credit can be utilised. Further, due to application of reduced effective tax rates, the carrying amount of deferred tax liability net of deferred tax asset excluding on account of MAT Credit is reduced by ` 1,140.98 crore as at March 31 2026. <BR> <BR> 8 Additional disclosures as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: <BR> <BR> SI. No. Particulars UOM Quarter Ended Year Ended <BR> 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025 <BR> Audited Unaudited Audited Audited Audited <BR> 1 Debt Equity Ratio No. of times 1.01 0.63 0.99 1.01 0.99 <BR> 2 Capital Redemption Reserve ` in crore 9.19 9.19 9.19 9.19 9.19 <BR> 3 Net Worth ` in crore 14,196.87 14,764.60 12,969.65 14,196.87 12,969.65 <BR> 4 Profit / (Loss) after tax ` in crore 116.99 1,450.89 370.63 1,924.58 56.21 <BR> 5 Total Borrowings ` in crore 14,333.70 9,289.61 12,866.61 14,333.70 12,866.61 <BR> 6 Debt Service Coverage Ratio (DSCR) : Not Annualised No. of times 0.13 1.68 0.20 0.66 0.43 <BR> 7 Interest Service Coverage Ratio (ISCR) No. of times 8.68 12.92 4.79 7.10 2.45 <BR> 8 Current Ratio No. of times 1.14 1.16 0.98 1.14 0.98 <BR> 9 Long Term Debt to Working Capital No. of times 2.94 3.60 8.32 2.94 8.32 <BR> 10 "Bad Debts to Account Receivable Ratio : <BR> Not Annualised" No. of times - - - - - <BR> 11 Current Liability Ratio No. of times 0.63 0.58 0.57 0.63 0.57 <BR> 12 Total Debts to Total Assets No. of times 0.32 0.24 0.37 0.32 0.37 <BR> 13 "Debtors Turnover : <BR> Not Annualised" No. of times 4.65 6.24 7.09 21.97 29.64 <BR> 14 "Inventory Turnover : <BR> Not Annualised" No. of times 2.43 3.41 3.60 9.49 13.63 <BR> <BR> <BR> SI. No. Particulars UOM Quarter Ended Year Ended <BR> 31.03.2026 31.12.2025 31.03.2025 31.03.2026 31.03.2025 <BR> Audited Unaudited Audited Audited Audited <BR> 15 Operating Margin % 5.76 9.69 3.25 5.32 1.03 <BR> 16 Net Profit Margin % 0.49 5.86 1.51 2.17 0.06 <BR> 17 "Earnings Per Share : <BR> Not Annualised" Basic (`) 0.67 8.28 2.11 10.98 0.32 <BR> Diluted (`) 0.67 8.28 2.11 10.98 0.32 <BR> All figures are presented to the nearest two decimals. <BR> <BR> The basis of computation of above parameters (wherever required) is provided in the table below: <BR> Debt Equity Ratio Total Debt / Shareholder's Equity <BR> Net Worth Equity Share Capital + Other Equity <BR> Debt Service Coverage Ratio (Net Profit after Taxes + Depreciation + Finance Cost + other adjustments like Loss on Discard / Disposal of PPE + net Provisions and Write offs) / (Finance Cost + Current Borrowings) <BR> Interest Service Coverage Ratio EBITDA / (Interest & Finance Charges net of amount transferred to expenditure during construction) <BR> Current Ratio Current Assets / Current Liabilities <BR> Long Term Debt to Working Capital Long Term Debt (including current maturities of long term debts)/(Current Assets - Current Liabilities excluding current maturities of long term debts) <BR> Bad Debts to Account Receivable Ratio Bad Debts / Accounts Receivable <BR> Current Liability Ratio Current Liabilities / Total Liabilities <BR> Total Debts to Total Assets (Long Term Debt + Short Term Debt) / Total Assets <BR> Debtors Turnover Sales / Average Trade Receivable <BR> Inventory Turnover Sales / Average Inventory <BR> Operating Margin (Profit before Exceptional Item and Tax + Finance Cost - Other Income) / Revenue from Operations net of Excise Duty on Sale of Goods <BR> Net Profit Margin Profit after Tax for the Period / Revenue from Operations Net of Excise Duty on Sale of Goods <BR> <BR> 9. Figures for the previous periods have been re-grouped wherever necessary. <BR> <BR> 10. The figures of the last quarter are the balancing figures between the audited figures of the financial year and the published result upto the third quarter of the respective financial years. <BR> <BR> 11. On March 3, 2026, the Company had declared an interim dividend of ` 4.00 per share (40%) amount to ` 701.04 crore which has since been paid. <BR> <BR> 12. The Company has assessed all the possible effects that may result from ongoing geo-political conditions. As per the assessment, these are not having significant effect on the carrying amounts of Property, Plant and Equipment, Inventories, Receivables & Other Current Assets and their recoverability. <BR> <BR> 13 The above results are available on the websites of NSE and BSE at www.nseindia.com and www.bseindia.com respectively and on the Company's website at www.mrpl.co.in. <BR> 2025-04-012026-03-31AuditedConsolidated105155490000019819000001053536800000789230800000207000000-885740000083805000009072300000151987000002002395000001013471400000400654000000400654000007055000000138482000002090320000001916220000000083600000192458000002000000019265800000192458000000200000000175260000001012444210000010.9810.980010.9810.981.00960.65617.1007Debt Equity Ratio= (Total Debt / Shareholder's Equity)*100Interest Service Coverage Ratio= (EBITDA / (Interest & Finance Charges net of amount transferred to expenditure during construction))*100Excise Duty45433500000Other Expenses13156900000Excise Duty164880000000Other Expenses35359500000200425900000828410000076300000377280000023770000068300000004471000004900000002187000000140330000036393000000981200000022737820000014421560000006058800000056448000004611000002933000001460300000684475000000477100000021743410000000444812300000175266000001244421000001419687000000141968700000850441000000009108600000941527000002863700000114958000004171200000112683400000582929000008936000001097356000001106292000001010400000017902610000059571000004435100000074190000019016020000000302843600000444812300000Other Financial Assets1403300000Income Tax Assets (net)1903300000Other Non-Current Assets7908700000Other Financial Assets1460300000Other current assets4771000000Lease Liability9108600000Lease Liability964600000Other Financial Liabilities9139400000Other current liabilities59571000009072300000-67011700000-25457000000022460000000-300400000054913000000000151987000000000059888000009400000509700000000001743000000-771650000032348900000000703700000002531190000000000000690000014122700000000000000015600000000000150000000191100000288000003100000-137848000000000000023920800000148538000008123000007010400000722760000000-59833000005543800000055438000001010000005644800000Remeasurement of the Defined Benefir Plans242800000242800000Remeasurement of the Defined Benefir Plans2300000023000000848000008000000Effective portion of gains / (losses) on hedging instruments in cash flow hedges00Effective portion of gains / (losses) on hedging instruments in cash flow hedges670000067000000170000015800000020000000AuditedtrueYCRJ & ASSOCIATEStrue2026-09-30BSJ & ASSOCIATEStrue2028-07-31