Mangalore Refinery and Petrochemicals Q4 net profit at Rs 318.87 crore
Mangalore Refinery and Petrochemicals Ltd (MRPL) recorded a net profit of ₹318.87 crore in the fourth quarter of 2018-19 as against a profit of ₹542.08 crore in the corresponding period of the previous fiscal, registering a decline of 41.17 per cent.
The gross refining margin GRM of the company stood at $5.01 a barrel ($7.87 a barrel) during the period. (GRM is the difference between the price of crude and the end products such as diesel, petrol, etc.)
The total throughput of the refinery stood at 4.29 million tonnes during the fourth quarter of 2018-19 as against 4.31 million tonnes in the corresponding period of previous fiscal.
