MRPL Dividend Record Date on March 11: Declared Interim Dividend of ₹4

On March 3, 2026, Mangalore Refinery and Petrochemicals Ltd (MRPL), has decided to pay an interim dividend of ₹4 on or before April 02, 2026. The company has fixed March 11, 2026, as the record date for the dividend.

MRPL said in an exchange filing, “An Interim dividend at the rate %4/- on fully paid-up equity shares of 210/- each i.e.. @ 40% for the Financial Year 2025-26. It may also be noted that, pursuant to Regulation 42 of SEBI (LODR), the Board has fixed Wednesday, March 11, 2026, as the "Record Date" for the purpose of ascertaining the eligibility of shareholders for payment of the interim dividend. The Interim Dividend would be paid to eligible shareholders on or before April 02, 2026”

Shareholders must hold shares in a valid demat account as of the record date to be eligible for the interim dividend.

MRPL Financial Performance Highlights

Mangalore Refinery and Petrochemicals Limited (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 months. 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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