MRPL Share Price Falls Over 6% After Q2 FY27 Earnings Results; Declares ₹3 First Interim Dividend

Mangalore Refinery and Petrochemicals Limited (MRPL) reported a net profit of ₹1,881 crore for the September quarter, up from ₹639 crore in the same period last year. The company’s board approved the results on October 14, 2026. 

Revenue also moved higher during the quarter, reaching ₹35,590 crore against ₹25,953 crore a year earlier. 

Profit and Revenue See Year-on-Year Rise 

MRPL’s profit before tax stood at ₹2,519 crore, compared with ₹975 crore in the year-ago quarter. EBITDA rose to ₹3,210 crore from ₹1,565 crore. 

Exports were lower during the quarter, however. The company reported export revenue of ₹6,327 crore, down from ₹10,404 crore in Q2 FY26. 

Half-Year Profit Reaches ₹2,796 Crore 

For the six months ended September 2026, MRPL recorded revenue of ₹77,199 crore, against ₹46,942 crore in the corresponding period last year. 

Net profit for the half-year came in at ₹2,796 crore, compared with ₹367 crore a year earlier. EBITDA increased to ₹5,070 crore from ₹1,782 crore. 

₹3 First Interim Dividend Declared 

The board has declared an interim dividend of ₹3 per equity share, equivalent to 30%. 

MRPL also disclosed that it received a BBB- credit rating with a stable outlook from Fitch Ratings. The company said this was its first international credit rating and was at par with India's sovereign rating. 

Read More: BHEL Share Price Gains Over 4% After Q2 FY27 Earnings Results: Total Income Up 24.3% YoY! 

MRPL Share Price Performance  

As of 15 October 2026, at 10:34 AM, Mangalore Refinery and Petrochemicals Limited share price is trading at ₹173.13 per share, reflecting a decline of 6.55% from the previous trading session. 

Conclusion 

MRPL’s results show a sharp rise in quarterly and half-year profit, alongside higher revenue. The decline in exports was a contrasting feature of the September-quarter numbers, while shareholders have also been offered an interim dividend of ₹3 per share. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.