MRPL Declares Interim Dividend of ₹4: Check Record Date, Dividend History and More

On March 3, 2026, Mangalore Refinery and Petrochemicals Ltd (MRPL), announced that its Board of Directors has approved an interim dividend for the financial year 2025–26. The company has declared an interim dividend of ₹4 per fully paid-up equity share of ₹10 each, representing 40% of the face value for FY26.

The record date to determine shareholders eligible for the interim dividend has been fixed as Wednesday, March 11, 2026. The dividend payment will be made on or before April 2, 2026, to all eligible shareholders.

MRPL Dividend History

The company has announced multiple dividend payouts over the years. Most recently, it declared a final dividend of ₹2.00 with an ex-date of August 9, 2024, along with an interim dividend of ₹1.00 that went ex on February 2, 2024. Earlier, it had announced a dividend of ₹1.00 on May 30, 2019, followed by ₹3.00 on June 28, 2018, and ₹6.00 on August 10, 2017, reflecting a consistent history of rewarding shareholders.

MRPL Financial Performance

Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of ONGC and a Schedule “A” Mini Ratna Category I company, has approved its standalone and consolidated financial results for the third quarter and nine months ended December 31, 2025. The results were cleared at the company’s 272nd Board meeting held on January 14, 2026.

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For the third quarter of FY 2025–26, MRPL reported strong year-on-year growth. Revenue from operations rose to ₹29,720 crore, compared with ₹25,601 crore in the corresponding quarter of the previous financial year. Profit before tax surged to ₹2,214 crore, a sharp increase from ₹469 crore in Q3 FY 2024–25. Profit after tax also witnessed significant growth, climbing to ₹1,445 crore from ₹304 crore a year earlier. The company’s financial position strengthened further, with the debt-equity ratio improving from 0.79 as of September 30, 2025, to 0.63 as of December 31, 2025.

For the nine-month period (9M FY 2025–26), MRPL reported revenue from operations of ₹76,661 crore, compared to ₹81,676 crore in the same period last year. Despite the decline in revenue, profitability improved markedly. The company posted a profit before tax of ₹2,786 crore, reversing a loss before tax of ₹471 crore recorded in 9M FY 2024–25. Profit after tax stood at ₹1,812 crore, compared with a loss of ₹313 crore in the previous year’s corresponding period.

Additionally, MRPL strengthened its balance sheet by reducing total borrowings from ₹12,867 crore to ₹9,290 crore over the nine-month period. The debt-equity ratio also improved significantly from 0.99 as of March 31, 2025, to 0.63 as of December 31, 2025, reflecting improved financial discipline and enhanced operational performance.

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