{"id":144548,"date":"2023-04-28T10:12:01","date_gmt":"2023-04-28T14:12:01","guid":{"rendered":"https:\/\/44.250.171.167\/?p=144548"},"modified":"2023-04-28T10:12:03","modified_gmt":"2023-04-28T14:12:03","slug":"mangalore-refinery-petrochem-q4fy23-earnings","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/mangalore-refinery-petrochem-q4fy23-earnings\/","title":{"rendered":"Mangalore Refinery &#038; Petrochem Q4FY23 Earnings"},"content":{"rendered":"\n<p>The AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL) formed the joint venture (JV) Mangalore Refinery &amp; Petrochemicals Limited (MRPL). It is currently a division of ONGC, the Oil &amp; Natural Gas Corporation. The company&#8217;s primary commercial activities include the refining of crude oil, the production of petrochemicals, the trading of aviation fuels, and the distribution of petroleum products through retail stores and transit facilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<br><\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Mangalore Refinery and Petrochemicals Ltd. reported Total Income for Q4FY23 of \u20b9 29,488 Crores up from \u20b9 28,262 Crore year on year, a rise of 4%.<br><br><\/li><li>Total Expenses for Q4FY23 of \u20b9 26,538 Crores up from \u20b9 25,913 Crores year on year, a rise of 2.4%.<br><br>\u00a0<\/li><li>Consolidated Net Profit of \u20b9 1,913 Crores, down 36% from \u20b9 3,008 Crores in the same quarter of the previous year. The fall in net profits is due to drastic change in tax expenses in Q4FY23.<br><br>\u00a0<\/li><li>The Earnings per Share is \u20b9 10.92, down 36% from \u20b9 17.17 in the same quarter of the previous year.<\/li><\/ul>\n\n\n\n<div class=\"wp-block-image is-style-default\"><figure class=\"aligncenter size-large is-resized\"><a href=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/image-28.png\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/image-28.png\" alt=\"\" class=\"wp-image-144549\" width=\"233\" height=\"340\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/image-28.png 289w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/image-28-205x300.png 205w\" sizes=\"auto, (max-width: 233px) 100vw, 233px\" \/><\/a><\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL) formed the joint venture (JV) Mangalore Refinery &amp; Petrochemicals Limited (MRPL). It is currently a division of ONGC, the Oil &amp; Natural Gas Corporation. The company&#8217;s primary commercial activities include the refining of crude oil, the production of petrochemicals, the trading of aviation fuels, and [&hellip;]<\/p>\n","protected":false},"author":1885,"featured_media":134544,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5746],"tags":[8584,11676],"class_list":["post-144548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-energy-stocks","tag-petrochemicals","tag-refinery"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-582256640.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":163866,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q1fy25-93-fall-in-profits\/","url_meta":{"origin":144548,"position":0},"title":"Mangalore Refinery And Petrochemicals Ltd Q1FY25; 93% fall in Profits","author":"Chirag Gupta","date":"August 15, 2024","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/08\/image-105.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":166913,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q3fy25-21-fall-in-profits\/","url_meta":{"origin":144548,"position":1},"title":"Mangalore Refinery And Petrochemicals Ltd Q3FY25; 21% fall in Profits","author":"Chirag Gupta","date":"February 17, 2025","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/1-10.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":159260,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q3fy24-7-fall-in-revenue\/","url_meta":{"origin":144548,"position":2},"title":"Mangalore Refinery And Petrochemicals Ltd Q3FY24; 7% fall in Revenue","author":"Chirag Gupta","date":"February 27, 2024","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/02\/image-229.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":150515,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q1fy24-63-fall-in-profits\/","url_meta":{"origin":144548,"position":3},"title":"Mangalore Refinery And Petrochemicals Ltd Q1FY24; 63% fall in Profits","author":"Karan_Singh","date":"July 31, 2023","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/07\/image-409.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":156002,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-and-petrochemicals-ltd-q2fy24-22-fall-in-revenue\/","url_meta":{"origin":144548,"position":4},"title":"Mangalore Refinery And Petrochemicals Ltd Q2FY24; 22% fall in Revenue","author":"Hardik Bhandare","date":"November 9, 2023","format":false,"excerpt":"Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business,\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/11\/image-121.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142350,"url":"https:\/\/alphastreet.com\/india\/mangalore-refinery-petrochemicals-q3fy23\/","url_meta":{"origin":144548,"position":5},"title":"Mangalore Refinery &#038; Petrochemicals Q3FY23","author":"Karan_Singh","date":"February 21, 2023","format":false,"excerpt":"The AV Birla Group and Hindustan Petroleum Corporation Limited established the joint venture known as Mangalore Refinery & Petrochemicals Limited (MRPL). Now, it belongs to Oil & Natural Gas Corporation as a subsidiary (ONGC). The company's primary commercial activities include the refining of crude oil, the production of petrochemicals, the\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/144548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1885"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=144548"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/144548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/134544"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=144548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=144548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=144548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}