5001092026-07-012026-09-305001092026-09-305001092026-03-315001092026-04-012026-09-305001092026-07-012026-09-30in-capmkt:OtherExpenses1Member5001092026-07-012026-09-30in-capmkt:OtherExpenses2Member5001092026-04-012026-09-30in-capmkt:OtherExpenses1Member5001092026-04-012026-09-30in-capmkt:OtherExpenses2Member5001092026-09-30OtherNoncurrentFinancialAssetsDomain15001092026-09-30OtherNoncurrentAssetsDomain15001092026-09-30OtherNoncurrentAssetsDomain25001092026-09-30OtherCurrentFinancialAssetsDomain15001092026-09-30OtherCurrentAssetsDomain15001092026-09-30OtherNoncurrentFinancialLiabilitiesDomain15001092026-09-30OtherCurrentFinancialLiabilitiesDomain15001092026-09-30OtherCurrentFinancialLiabilitiesDomain25001092026-09-30OtherCurrentLiabilitiesDomain15001092026-07-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15001092026-04-012026-09-30ItemsThatWillNotBeReclassifiedToProfitAndLoss15001092026-07-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15001092026-04-012026-09-30ItemsThatWillBeReclassifiedToProfitAndLoss15001092026-07-012026-09-30AuditorDomain15001092026-07-012026-09-30AuditorDomain2iso4217:INRxbrli:pureiso4217:INRxbrli:shares500109MRPLMRPLINE103A01014Mangalore Refinery and Petrochemicals LimitedMain BoardEquity2026-04-012027-03-312026-10-142026-10-05INRCroresQuarterlySecond quarterSingle segmentDownstream Petroleum Sector2026-10-1414:30:002026-10-1418:30:00trueCash Flow IndirectDeclaration of unmodified opinion2026-07-012026-09-30UnauditedConsolidated35590400000049510000035639910000029109270000057500000-92126000001790700000283850000040689000003938650000033002220000026376900000-1187600000251893000006033800000346600000638040000001880890000000019870000019007600000-3240000018975200000175260000001010.8510.850010.8510.850.54261.894411.3776Notes to Consolidated Financial Results: <br /> <br /> 1 The Audit Committee has reviewed the above results and the same have been subsequently approved by the Board of Directors in their meetings held on October 14, 2026. <br /> <br /> 2 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 /> 3 Investment in Joint Venture Company 'Shell MRPL Aviation Fuels & Services Limited' is consolidated as per equity method. <br /> <br /> 4 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 /> 5 The Company operates only in a single segment viz. downstream petroleum sector. As such reporting is done on a single segment basis. <br /> <br /> 6 During the current quarter, a fire incident occurred at the Coker Hydrotreater (CHT) Unit located in Phase III of the Refinery Complex. Based on a preliminary assessment, the Company has provisionally estimated the financial impact of the incident at Rs.118.76 crore, comprising the estimated carrying value of the damaged Property, Plant and Equipment (PPE), corresponding to an estimated replacement value of approximately Rs. 225 crore and losses relating to inventories & other incidental expenses. The provisionally assessed loss has been presented as an exceptional item in the financial result for the period ended September 30, 2026. The affected assets are adequately insured by the company. The loss recognised will be reviewed and recognised appropriately at subsequent reporting period and would be recognised in the financial statements upon fulfilment of the applicable recognition criteria. <br /> Exceptional items reported for the half year includes an additional income (net of expenses) amounting to ` 471.76 crore of previous quarter’s due to revision of certain petroleum product prices on the supplies made in the earlier period, besides the provisionally assessed loss of ` 118.76 Crores on account of the fire incident, resulting in net Exceptional item(income) of ` 353.00 Crore. <br /> <br /> 7 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 /> 8 A joint venture between the Company, Oil and Natural Gas Corporation Limited (ONGC) and ONGC Petro additions Limited (OPaL), by the name ONGC Petrochemicals Marketing Limited (OPML) has been incorporated on October 7, 2026 for undertaking marketing activities relating to petrochemicals, chemicals and kindreds products. The Company holds 25% equity stake in OPML along with ONGC holding 50% and OPaL holding 25%. Transactions between OPML and the Company are expected to commence shortly. <br /> <br /> 9 The Board of Directors in its meeting held on October 14, 2026 has declared the first interim dividend of Rs. 3 per equity share (30%) <br /> <br /> 10 Additional disclosures as per Regulation 52(4) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015: <br /> <br /> SI. No. Particulars UOM Quarter Ended Half Year Ended Year Ended <br /> 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 <br /> Unaudited Unaudited Unaudited Unaudited Unaudited Audited <br /> 1 Debt Equity Ratio No. of times 0.54 0.76 0.79 0.54 0.79 1.01 <br /> 2 Capital Redemption Reserve ` in crore 9.19 9.19 9.19 9.19 9.19 9.19 <br /> 3 Net Worth ` in crore 17,038.27 15,140.51 13,317.95 17,038.27 13,317.95 14,196.87 <br /> 4 Profit / (Loss) after tax ` in crore 1,900.76 945.68 627.36 2,846.44 356.70 1,924.58 <br /> 5 Total Borrowings ` in crore 9,245.26 11,562.56 10,552.33 9,245.26 10,552.33 14,333.70 <br /> 6 Debt Service Coverage Ratio (DSCR) : Not Annualised No. of times 1.89 0.62 0.51 2.75 0.61 0.66 <br /> 7 Interest Service Coverage Ratio (ISCR) No. of times 11.38 7.74 7.09 9.70 3.72 7.10 <br /> 8 Current Ratio No. of times 1.29 1.31 1.02 1.29 1.02 1.14 <br /> 9 Long Term Debt to Working Capital No. of times 1.39 2.03 5.68 1.39 5.68 2.94 <br /> 10 Bad Debts to Account Receivable Ratio : <br /> Not Annualised No. of times - - - - - - <br /> 11 Current Liability Ratio No. of times 0.64 0.54 0.58 0.64 0.58 0.63 <br /> 12 Total Debts to Total Assets No. of times 0.19 0.29 0.30 0.19 0.30 0.32 <br /> 13 Debtors Turnover : <br /> Not Annualised No. of times 5.42 7.10 7.71 11.40 13.73 21.97 <br /> 14 Inventory Turnover : <br /> Not Annualised No. of times 2.57 3.28 3.27 4.95 5.83 9.49 <br /> 15 Operating Margin % 8.88 2.49 4.95 5.44 2.35 5.32 <br /> 16 Net Profit Margin % 5.84 2.49 2.77 4.03 0.89 2.17 <br /> 17 Earnings Per Share : <br /> Not Annualised Basic (`) 10.85 5.40 3.58 16.24 2.04 10.98 <br /> Diluted (`) 10.85 5.40 3.58 16.24 2.04 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 /> 11 Figures for the previous periods have been re-grouped wherever necessary. <br /> <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 /> 2026-04-012026-09-30UnauditedConsolidated7719936000001204000000773197600000643512700000111200000-466740000035621000005281600000808030000083509700000739390200000338074000003530000000373374000008396500000983800000938030000002795710000000050730000028464400000-6040000028404000000175260000001016.2416.240016.2416.240.54262.74699.6953Debt Equity Ratio - Total Debt / Shareholder's EquityDebt Service Coverage Ration - (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)Interest Service Coverage Ration - EBITDA / (Interest & Finance Charges net of amount transferred to expenditure during construction)Excise Duty30741600000Other Expenses8644900000Excise Duty64289300000Other Expenses192204000001934932000009314600000763000003772800000274700000787700000095210000050000000022733000001459000000378230000009561700000222015400000167499000000074798900000693610000085420000032390000014432000008435630000001887100000253742400000900000047575870000017526600000152856100000170382700000170382700000805151000000008558200000890733000003032100000124601000004601800000109167300000119375000001020000014793600000014794620000010463600000170347300000173271000003288500000449920000074660000019620870000000305376000000475758700000Other Financial Assets1459000000Other non-current assets7815600000Income Tax Assets (net)1746100000Other current financial assets1443200000Other current assets1887100000Lease Liability8558200000Lease Liability1026100000Other current financial liabilities9437500000Other current liabilities173271000005281600000-23283400000-181137000000255990000000-106000000472186000000008080300000000001047000006400000290800000000004915100000026455300000637927000000003702900000060089800000000000003600000440200000000000000001430000000000008860000084000006400000-4297500000000000002930300000538052000008669000000275920000000-5450100000012913000000129130000056448000006936100000Remeasurement of the Defined Benefit Plans-38800000-38800000Remeasurement of the Defined Benefit Plans-77700000-77700000-9800000-19600000Effective portion of gains / (losses) on hedging instruments in cash flow hedges-4600000-4600000Effective portion of gains / (losses) on hedging instruments in cash flow hedges-3100000-3100000-1200000-800000-32400000-60400000UnauditedtrueA RAGHAVENDRA RAO & ASSOCIATEStrue2027-09-30RAM RAJ & CO.true2029-01-31