Latest news with #MangaloreRefineryandPetrochemicalsLtd.


The Hindu
18-06-2025
- Business
- The Hindu
MRPL bags Greentech Environment and Sustainability Summit Award 2025
Mangalore Refinery and Petrochemicals Ltd. has bagged the '24th Global Greentech Environment & Sustainability Summit Awards 2025'in the 'Environment protection' category. The recognition by Greentech Foundation is given for its commitment to environmental protection and sustained efforts to minimise ecological footprint, said a release. General Managers Prasanna Kumar T. and Nirankar Singh received the award on behalf of the MRPL team during a ceremony in New Delhi recently. MRPL's key projects, including the utilisation of RLNG (Regasified Liquefied Natural Gas) as cleaner fuel, installation of in-house developed de-odour unit at effluent treatment plant (ETP), installation of wet gas scrubber for reducing particulate matter beyond compliance, utilisation of treated city sewage water in refinery operations, utilisation of ETP oily sludge at delayed coker unit (DCU) to create useful product etc., , have helped it to adapt a balanced approach towards Business Excellence and Environmental Performance, the release said.


The Hindu
29-04-2025
- Business
- The Hindu
MRPL posts ₹363 cr net profit in Q4
Mangalore Refinery and Petrochemicals Ltd., (MRPL) on Tuesday announced posting ₹363 crore net profit in the fourth quarter of 2024-25 and ₹51 crore net profit for the entire financial year. The company had posted ₹584 crore net profit in Q4 of 2023-24 and ₹3,596 crore net profit in 2023-24 financial year. The revenue from operations stood at ₹27,061 crore in Q4 of FY 2024-25 as against ₹29,190 crore in Q4 of the previous fiscal and ₹1,09,277 crore for FY 2024-25 as against ₹1,05,223 crore for 2023-24, said a release. MRPL's board of directors approved its standalone and consolidated financial results for Q4 and FY 2024-25 at its meeting held on April 26. During the year, the company achieved the highest ever gross crude throughput of 18.044 million tonnes as against the previous best of 17.116 MT in 2022-23; distillate yield of 81.93% as against the previous best of 78.77% in 2023-24; ATF production of 2.72 MT as against the previous best of 2.09 MT in 2023-24; 1.2 MT of Reformate and 95 RON from Aromatic complex as against the previous best of 0.83 MT in 2023-24 and 0.21 MT Benzene production as against the previous best of 0.13 MT in 2023-24. MRPL commissioned the Devanagonthi marketing terminal near Bengaluru during the year and commenced dispatch of petrol, diesel and ATF from the terminal. It also commissioned 66 new retail outlets, including three in Tamil Nadu, taking the total outlets to 167.