MRPL Q1 results show revenue fell from 29487.54 crores to 24884.31 crores, a -15.61% decrease in growth. EPS down from ₹10.92 to ₹5.79, down by -46.98%.
First, Let’s Begin with Quarter-on-Quarter Basis:
MRPL shared its Q1 results on Friday. They earned 24884.31 crores in revenue this quarter, but that’s less than the 29487.54 crores they made last quarter. Unfortunately, the company’s growth decreased by -15.61 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 1014.79 crores, down from 1913.35 crores in the previous quarter. Their quarter-to-quarter growth decreased by -46.96 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹5.79, which is a decrease of -46.98% from the ₹10.92 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 24884.31 crores this year (2023), which is -30.78 percent lower than last year’s total revenue of 35952.19 crores.
This year’s PAT (Profit After Tax) is 1014.79 crores, which is also -62.64% lower than last year’s PAT of 2716.26 crores.
The EPS (Earnings Per Share) for this year is ₹5.79, which is -62.65% less than the EPS of ₹15.50 earned last year.
Also Read: United Breweries Q1FY24 Results: Consolidated PAT of Rs. 136.21 Cr
MRPL Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About MRPL:
Mangalore Refinery and Petrochemicals Limited (MRPL) is a subsidiary of the Oil and Natural Gas Corporation (ONGC) and is owned by the Ministry of Petroleum and Natural Gas of the Government of India. Founded in 1988, the refinery is situated at Katipalla, to the north of the center of Mangalore.
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