{"id":510488,"date":"2022-07-30T10:54:49","date_gmt":"2022-07-30T05:24:49","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=510488"},"modified":"2022-07-30T12:40:11","modified_gmt":"2022-07-30T07:10:11","slug":"mrpl-net-zooms-to-2707-crore-in-q1-bumper-refining-margins","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mrpl-net-zooms-to-2707-crore-in-q1-bumper-refining-margins\/","title":{"rendered":"MRPL net zooms to `2,707 crore in Q1 bumper refining margins"},"content":{"rendered":"<p>Mangalore Refinery and Petrochemicals Ltd (MRPL) net profit zoomed to `2,707 crore in the first quarter of the current fiscal on the back of record refining margins.<\/p>\n<p>Net profit of `2,707 crore in April-June compared with a loss of `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 (ONGC), 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 (MRPL) net profit zoomed to `2,707 crore in the first quarter of the current fiscal on the back of record refining margins. Net profit of `2,707 crore in April-June compared with a loss of `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 (ONGC), 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},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,211,144],"tags":[],"class_list":["post-510488","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-pioneer","category-the-pioneer"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510488","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=510488"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/510488\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=510488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=510488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=510488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}