MRPL posts Rs 268 cr net loss in Q3

MRPL posts Rs 268 cr net loss in Q3

Mangalore Today News Network

Mangaluru, Feb 10, 2019: Mangalore Refinery and Petrochemicals Ltd (MRPL) registered a loss of Rs.267.72 crore in the third quarter of 2018-19 as against a net profit of Rs 969.88 crore in the third quarter of 2017-18. The company registered a net profit of Rs 13.08 crore during the first nine months of 2018-19 as against Rs 1682.04 crore in the corresponding period of the previous fiscal.

The company’s total income from operations stood at Rs 20,249.62 crore during the third quarter of 2018-19 as against Rs17,419.77 crore during the corresponding period of 2017-18.

On Thursday, the scrip of MRPL closed at Rs 66.65 on the BSE, up 2.30 per cent against the previous close of Rs 65.15.