The Petroleum and Natural Gas Regulatory Board has granted approval to Mangalore Refinery for a pipeline to Kempegowda Airport, aiming for completion within the next three years, from Devangonthi to the Fuel Farm Stations.

MRPL has secured a significant victory in a Customs Tribunal dispute, winning a refund of approximately INR 1212.5 crore. This refund is expected to enhance the company's cash flow, as it successfully overturned a demand for around INR 616.8 crores in customs duty.

MRPL is partnering with ONGC and OPAL for a joint venture in integrated petrochemical marketing. This move aims to bolster their revenue by investing ₹12.5 crores in equity, with the hope of reducing costs.

ONGC has formed a joint venture with MRPL and OPaL. MRPL will invest INR 12.5 crore towards this partnership. The aim is to enhance petrochemical marketing, reduce costs, and increase revenues through integration.

Elara Capital has increased its target price for Mangalore Refinery to ₹214, driven by a robust gross refining margin (GRM) of $13.5/bbl. Despite a 9% decline in throughput and fewer inventory gains, the company managed a 58% year-on-year growth in EBITDA, demonstrating operational resilience.

MRPL experiences a significant decrease in Q4 EBITDA, falling from ₹27.84 billion to ₹17.81 billion compared to the previous quarter. This decline is accompanied by a drop in EBITDA margin from 9.4% to 6.25%.

Mangalore Refinery and Petrochemicals Ltd (MRPL) has announced their Q4 and FY2026 results, with no final dividend proposed. The auditors have given an unqualified opinion on the financials, which are now available on MRPL's website. However, it's worth noting that the Board currently lacks the necessary independent directors as required.

Despite a 3.2% increase in revenue, Mangalore Refinery and Petrochemicals Limited (MRPL) reported a 68% decrease in Q4 profit to INR 117 crores. In the FY26, however, the company's PAT grew significantly to INR 1,931 crores, with no final dividend recommended. Notably, MRPL received an award from FIPI this year.

Mangalore Refinery reported a Q4 revenue of INR 28,493 crores and PBT of INR 1,235 crores for FY26. The annual revenue stood at INR 1,05,155 crores with PBT of INR 4,022 crores, with the terminal operating smoothly and maintaining steady throughput.

Mangalore Refinery's board meeting on April 24, 2026, will discuss the audited financial results for both standalone and consolidated operations. The possibility of declaring a final dividend is under consideration.

India witnessed a significant increase of 148% in Russian crude imports in March 2026, mainly due to the availability of supplies on the spot market. State-owned refineries like MRPL and HPCL contributed notably to this surge, while private refineries experienced a 66% month-on-month rise as well. [The Hindu Business Line]

Mangalore Refinery and Petrochemicals Limited (MRPL) has announced a 40% interim dividend for its financial year ending 2026. Shareholders will receive the dividend by March 24, 2026. The dividend is applicable to all fully-paid equity shares worth ₹10 each.

Mangalore Refinery has announced a significant interim dividend of 40% or ₹4 per share for the financial year 2025-26, to be distributed on March 24, 2026. Notably, their shares have a face value of ₹10 each.