{"id":510345,"date":"2022-07-30T11:25:37","date_gmt":"2022-07-30T05:55:37","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=510345"},"modified":"2022-07-30T11:25:37","modified_gmt":"2022-07-30T05:55:37","slug":"mrpl-q1-results-profit-zooms-to-rs-2707-cr-on-bumper-refining-margins","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mrpl-q1-results-profit-zooms-to-rs-2707-cr-on-bumper-refining-margins\/","title":{"rendered":"MRPL Q1 Results: Profit zooms to Rs 2,707 cr on bumper refining margins"},"content":{"rendered":"<p>Mangalore Refinery and Petrochemicals Ltd NSE -2.41 % (MRPL NSE -2.41 %) net profit zoomed to Rs 2,707 crore in the first quarter of the current fiscal on the back of record refining margins. Net profit of Rs 2,707 crore in April-June compared with a loss of Rs 230 crore in the same period a year back, the company said in a statement.<\/p>\n<p>The company, which is a subsidiary of state-owned Oil and Natural Gas Corporation NSE 2.99 % (ONGC NSE 2.99 %), earned USD 24.45 on turning every barrel of crude oil into fuel in the quarter as opposed to a gross refining margin of USD 4.94 per barrel in the year-ago period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mangalore Refinery and Petrochemicals Ltd NSE -2.41 % (MRPL NSE -2.41 %) net profit zoomed to Rs 2,707 crore in the first quarter of the current fiscal on the back of record refining margins. Net profit of Rs 2,707 crore in April-June compared with a loss of Rs 230 crore in the same period a year back, the company said in a statement. The company, which is a subsidiary of state-owned Oil and Natural Gas Corporation NSE 2.99 % (ONGC NSE 2.99 %), earned USD 24.45 on turning every barrel of crude oil into fuel in the quarter as opposed [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-510345","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510345","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=510345"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510345\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=510345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=510345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=510345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}