MRPL: Stock jumps 9% after its net profit increases by 194% YoYMRPL: Stock jumps 9% after its net profit increases by 194% YoY

Introduction

Leading refinery and petrochemical company reported a strong Q2 FY26 performance, posting ₹639 crore net profit, ₹25,953 crore revenue, and ₹1,565 crore EBITDA, reflecting significant year-on-year growth and recovery.

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Share price movement of Mangalore Refinery

On October 16, 2025, Mangalore Refinery and Petrochemicals Ltd opened at ₹151.45, up 6.69% from its previous close of ₹142.00. The stock reached a high of ₹154.55 (8.88%) and a low of ₹143.05. By 3:40 PM, it traded at ₹143.05, a 0.74% increase, with a market cap of ₹25,070.93 crore.

Mangalore Refinery Q2 FY26 Profit Surges

Mangalore Refinery and Petrochemicals Limited reported a strong turnaround in Q2 FY26, posting a profit after tax of ₹639 crore compared to a loss of ₹682 crore in Q2 FY25, marking a 193.7% YoY improvement.

The company’s revenue from operations declined to ₹25,953 crore in Q2 FY26 from ₹28,786 crore in Q2 FY25, reflecting a 9.8% YoY decrease, driven by lower crude throughput and changes in product pricing across its portfolio.

EBITDA for Q2 FY26 surged to ₹1,565 crore against a loss of ₹414 crore in the same quarter last year, representing a significant 477.3% YoY increase, highlighting improved operational efficiency and cost management.

Stock performance of Mangalore Refinery for Period of 1 week, 6 months, and 1 year

Mangalore Refinery and Petrochemicals Ltd delivered a -2.23% return over the past week. The stock gained 4.32% in the past six months and declined 16.4% over the past year.

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Shareholding pattern of Mangalore Refinery

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	89%	89%	89%
FII	1%	1%	1%
DII	1.50%	1.40%	1.30%
Public	9%	9%	9%

About Mangalore Refinery

Mangalore Refinery and Petrochemicals Ltd (NSE: MRPL), a subsidiary of ONGC, is engaged in crude oil refining, petrochemicals, aviation fuel trading, and distribution of petroleum products through retail outlets and transport terminals.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Mangalore Refinery and Petrochemicals Ltd share price going up today?

A: Mangalore Refinery and Petrochemicals Ltd share price is rising after reporting a profit after tax of ₹639 crore in Q2 FY26, marking a 193.7% year-on-year improvement.

Q: What is the market capitalization of Mangalore Refinery and Petrochemicals Ltd?

A: Mangalore Refinery and Petrochemicals Ltd has a market capitalization of ₹25,070.93 crore as per the latest trading data.

Q: What is the 52-week high and low of Mangalore Refinery and Petrochemicals Ltd stock?

A: Mangalore Refinery and Petrochemicals Ltd stock has a 52-week high of ₹176.50 and a 52-week low of ₹98.95.