The recorded a profit after tax (PAT) of ₹1,881 crore during the second quarter of 2026-27 against a PAT of ₹639 crore in the corresponding period of the previous fiscal, registering an increase of 194 per cent.
The company informed stock exchanges that the board of directors of MRPL on Wednesday approved the company’s standalone and consolidated financial results for the second quarter and half year of 2026-27.
MRPL’s PAT for the first six months of 2026-27 increased to ₹2,796 crore from ₹367 crore in the corresponding period of 2025-26.
The board of directors has announced an interim dividend of ₹3 on fully paid-up equity shares of ₹10 each for the financial year 2026-27.
The company’s revenue from operations increased to ₹35,590 crore during the second quarter of 2026-27 (₹25,953 crore in Q2 2025-26). Of this, the share of exports was ₹6,327 crore in Q2 2026-27 (₹10,404 crore).
The total throughput of the company stood at 4.18 million tonnes (mt) during the second quarter of 2026-27 against 4.43 mt in the corresponding period of 2025-26.
Fire accident loss
MRPL has provisionally estimated the financial impact of the September 30 fire incident at ₹118.76 crore.
In its notes to the standalone financial results for the second quarter of 2026-27, the company informed the stock exchanges that a fire incident occurred at the coker hydrotreater unit located in phase III of the refinery complex during the second quarter of 2026-27
“Based on a preliminary assessment, the company has provisionally estimated the financial impact of the incident at ₹118.76 crore, comprising the estimated carrying value of the damaged Property, Plant and Equipment (PPE), corresponding to an estimated replacement value of approximately ₹225 crore and losses relating to inventories and other incidental expenses,” it said.
The company said the affected assets are adequately insured by the company. The loss recognised will be reviewed and recognised appropriately at subsequent reporting period and would be recognised in the financial statements upon fulfilment of the applicable recognition criteria, it said.
