Mangaluru, May 19,2017: As per reports available, Mangalore Refinery and Petrochemicals Ltd. (MRPL) posted its highest ever profit after tax of Rs. 3,644 crore during 2016-17, as against Rs. 1,147 crore in 2015-16.
The company achieved a turnover of Rs. 59,415 crore in the last financial year, as against Rs. 50,864 crore during 2015-16. The upturn was on account of increase in throughput and also the rise in product prices.
The company achieved its highest ever throughput of 16.27 MMT in the last financial year; in 2015-16, it was 15.69 MMT.
The company has increased its strong market presence by way of direct marketing of its products Petcoke, Sulphur and Polypropylene it is stated.