5001092026-04-012026-06-305001092026-04-012026-06-30in-capmkt:OtherExpenses1Member5001092026-04-012026-06-30in-capmkt:OtherExpenses2Member5001092026-04-012026-06-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15001092026-04-012026-06-30ItemsThatWillBeReclassifiedToProfitAndLoss1iso4217:INRxbrli:pureiso4217:INRxbrli:shares500109MRPLMRPLINE103A01014Mangalore Refinery and Petrchemicals LimitedMain BoardEquity2026-04-012027-03-312026-07-152026-07-02INRCroresQuarterlyFirst quarterSingle segmentDownstream Petroleum Sector2026-07-1516:00:002026-07-1518:25:00Not applicable2026-04-012026-06-30UnauditedConsolidated41608960000070890000041679850000035242000000053700000454520000017714000002443100000401140000044123200000409368000000743050000047176000001214810000023627000006372000002999900000091482000000003086000009456800000-280000009428800000945680000009428800000017526000000105.45.4005.45.40.76370.61697.7407Notes 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 results have been reviewed and approved by the Board in its meeting held on July 15, 2026. <br /> <br /> 2. The Comptroller and Auditor General of India, upon completion of the supplementary audit under Section 143(6)(a) read with section 129(4) of the Companies Act, 2013 on the Consolidated Financial Statements of the Company for the year ended March 31, 2026, have reported under section 143(6)(b) that, on the basis of their audit, nothing significant has come to their knowledge which would give rise to any comment upon or supplement to Statutory Auditors' report. <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 /> 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 /> 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. During the current quarter, pursuant to the revision of certain petroleum product prices on the supplies made in the previous period, an additional income (net of expenses) of ` 471.76 crore was recognised and the net impact of the same has been shown as exceptional item. <br /> <br /> 8.Pursuant to amendments made to Income Tax Act, 2025 vide Finance Act, 2026, the Company has decided to exercise the option for lower tax rate under Section 200 of Income Tax Act, 2025 from Financial Year 2026-27 onwards. Consequently, the effective tax rate applicable to the Company is 25.168% as against earlier tax rate of 34.944% and the Company is allowed to carry forward the accumulated MAT Credit for utilising the same subject to certain conditions. <br /> <br /> 9. 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 /> 30.06.2026 31.03.2026 30.06.2025 31.03.2026 <br /> Unaudited Audited Unaudited Audited <br /> 1 Debt Equity Ratio No. of times 0.76 1.01 1.07 1.01 <br /> 2 Capital Redemption Reserve ` in crore 9.19 9.19 9.19 9.19 <br /> 3 Net Worth ` in crore 15,140.51 14,196.87 12,694.72 14,196.87 <br /> 4 Profit / (Loss) after tax ` in crore 945.68 116.99 (270.66) 1,924.58 <br /> 5 Total Borrowings ` in crore 11,562.56 14,333.69 13,608.74 14,333.69 <br /> 6 Debt Service Coverage Ratio (DSCR) : Not Annualised No. of times 0.62 0.13 0.07 0.66 <br /> 7 Interest Service Coverage Ratio (ISCR) No. of times 7.74 8.68 0.85 7.10 <br /> 8 Current Ratio No. of times 1.31 1.14 0.93 1.14 <br /> 9 Long Term Debt to Working Capital No. of times 2.03 2.94 15.52 2.94 <br /> 10 "Bad Debts to Account Receivable Ratio : <br /> Not Annualised" No. of times - - - - <br /> 11 Current Liability Ratio No. of times 0.54 0.63 0.58 0.63 <br /> 12 Total Debts to Total Assets No. of times 0.29 0.32 0.40 0.32 <br /> 13 "Debtors Turnover : <br /> Not Annualised" No. of times 7.10 4.65 6.07 21.97 <br /> 14 "Inventory Turnover : <br /> Not Annualised" No. of times 3.28 2.43 2.76 9.49 <br /> SI. No. Particulars UOM Quarter Ended Year Ended <br /> 30.06.2026 31.03.2026 30.06.2025 31.03.2026 <br /> Unaudited Audited Unaudited Audited <br /> 15 Operating Margin % 2.49 5.76 (1.06) 5.32 <br /> 16 Net Profit Margin % 2.49 0.49 (1.57) 2.17 <br /> 17 "Earnings Per Share : <br /> Not Annualised" Basic (`) 5.40 0.67 (1.54) 10.98 <br /> Diluted (`) 5.40 0.67 (1.54) 10.98 <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 /> 10. Figures for the previous periods have been re-grouped wherever necessary. <br /> 11. The figures for the quarter ended March 31, 2026 are the balancing figures between the audited figures of the financial year and the published unaudited figures upto the nine months of the financial year ended March 31, 2026. <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. Debt Equity Ratio= (Total Debt / Shareholder's Equity)*100Debt Service Coverage Raiio= ((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))*100Intereset Service Coverage Ratio= (EBITDA / (Interest & Finance Charges net of amount transferred to expenditure during construction))*100Excise Duty33547700000Other Expenses10575500000Remeasurement of the Defined Benefit Plans-38900000-38900000-9800000Effective portion of gains / (losses) on hedging instruments in cash flow hedges15000001500000400000-28000000