India's MRPL surges after Q3 profit jump

Mangalore Refinery and Petrochemicals

14/01/2026 09:59

** Shares of Mangalore Refinery and Petrochemicals Ltd MRPL.NS surge nearly 8.8% to 158 rupees

** State-owned oil refiner and fuel retailer posts about 5x jump in Q3 profit, helped by higher sales

** Q3 revenue up 16%

** MRPL was up 5% before reporting results

** Stock climbed 2.4% in 2025, marking a fifth consecutive year of gains

 (Reporting by Nandan Mandayam in Bengaluru)

 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))