MRPL Share Price Jumps Over 13% on July 16, 2026, After Q1 FY27 Results

Mangalore Refinery and Petrochemicals Limited (MRPL) share price was in focus on Thursday, July 16, 2026, after the company reported its financial results for the quarter ended June 30, 2026. The stock rallied as much as 13.29% intraday after the earnings announcement. The company posted a sequential increase in net profit, supported by an exceptional gain, while revenue also recorded quarter-on-quarter growth. 

MRPL Share Price Performance 

As of July 16, 2026, at 11:25 AM, MRPL share price was trading at ₹172.13, up 9.31% for the day on the NSE. 

During the session, the stock opened at ₹163.75 and touched an intraday high of ₹178.40, representing a gain of 13.29% over the previous closing price of ₹157.47. The day's low stood at ₹160.62.  

The company's market capitalisation was ₹30,179.75 crore. 

MRPL Q1 FY27 Results 

MRPL reported a consolidated net profit of ₹946 crore for the quarter ended June 30, 2026, compared with ₹117 crore in the March quarter. The increase in profit was primarily driven by a one-time exceptional gain of ₹472 crore. 

Revenue from operations rose 59.7% quarter-on-quarter to ₹38,254 crore, up from ₹23,950 crore in the preceding quarter. 

However, operating performance softened during the quarter. EBITDA declined 26.1% quarter-on-quarter to ₹1,318 crore from ₹1,783 crore in the March quarter. Consequently, the EBITDA margin contracted 3.4% from 7.4%. 

Read More: MRPL Share Price Gains Over 8% as ONGC Approves Strategic Oil Reserve in Mangaluru

Operational Updates During the Quarter 

MRPL's quarterly throughput, including crude and other products, improved to 4.43 MMT during the June quarter from 4.35 MMT in the previous quarter and 3.52 MMT in the corresponding quarter last year. 

The company also announced that it received PNGRB approval for its Aviation Turbine Fuel (ATF) pipeline to Kempegowda International Airport. 

Additionally, MRPL commenced product loading at terminals in Mangaluru, Hindupur (Andhra Pradesh) and Ennore (Tamil Nadu). 

The company also received ISCC CORSIA certification for co-processing Used Cooking Oil (UCO) to produce Sustainable Aviation Fuel (SAF), marking a key development in its sustainable fuel initiatives. 

Conclusion 

MRPL reported a sharp increase in net profit and revenue during Q1 FY27, largely supported by an exceptional gain. While operating margins declined, the company recorded higher throughput and announced multiple infrastructure and sustainability-related developments during the quarter. 

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