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The Economic Times
The Economic Times
Business
Ritesh Presswala

MRPL shares zoom 11% after Q1 turnaround; revenue nearly doubles

Shares of Mangalore Refinery and Petrochemicals (MRPL) surged 11.3% to Rs 175.30 in Thursday's trade after the company reported a strong Q1FY27 performance, driven by a sharp jump in revenue and a turnaround in profitability.

Revenue from operations nearly doubled year-on-year (YoY) to Rs 41,609 crore in Q1FY27 from Rs 20,989 crore a year earlier, marking a growth of 98.2%.

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