{"id":464890,"date":"2022-01-31T08:40:05","date_gmt":"2022-01-31T03:10:05","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=464890"},"modified":"2022-01-31T09:01:40","modified_gmt":"2022-01-31T03:31:40","slug":"mrpl-third-quarter-profit-rises-to-rs-969-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mrpl-third-quarter-profit-rises-to-rs-969-crore\/","title":{"rendered":"MRPL third quarter profit rises to Rs 969 crore"},"content":{"rendered":"<p>The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21.<\/p>\n<p>The gross revenue from operations stood at Rs 25,238 crore during Q3 of 2021-22 against Rs 14,136 crore in the third quarter of 2020-21. Multiple initiatives have been taken to improve revenue from marketing margins in domestic, exports and business-to-business (B2B) arrangements, a company release here said. <\/p>\n<p>The gross refining margin (GRM) of the company stood at Rs 9.29 a barrel during Q3 of 2021-22 as against Rs 3.26 a barrel in the corresponding period of the previous year. GRM is the difference between the price of crude oil and the end products.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mangalore Refinery and Petrochemicals Limited (MRPL) posted a net profit of Rs 969 crore during the third quarter of 2021-22 against a loss of Rs 76 crore in the corresponding period in 2020-21. The gross revenue from operations stood at Rs 25,238 crore during Q3 of 2021-22 against Rs 14,136 crore in the third quarter of 2020-21. Multiple initiatives have been taken to improve revenue from marketing margins in domestic, exports and business-to-business (B2B) arrangements, a company release here said. The gross refining margin (GRM) of the company stood at Rs 9.29 a barrel during Q3 of 2021-22 as [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-464890","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=464890"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/464890\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=464890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=464890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=464890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}