The Board of Directors of Mangalore Refinery and Petrochemicals Ltd (MRPL), a Schedule “A” Mini Ratna Category-I enterprise under ONGC, reviewed and cleared its standalone and consolidated financials for Q4 and full year FY 2024-25 during its 269th board meeting on April 26, 2025.

In operational terms, MRPL delivered its best-ever performance. Crude throughput touched a record 18.044 MMT, surpassing the previous 17.116 MMT benchmark. The distillate yield stood at an impressive 81.93%, while ATF production soared to 2.72 MMT. Output from the Aromatic Complex also rose sharply with Reformate and 95 RON MS reaching 1.20 MMT and Benzene at 0.21 MMT.

Energy efficiency hit a new high with the lowest Specific Energy Consumption (MBN) at 70.71 since the Phase-3 expansion. Major projects like the new Bitumen train and the PFCC Wet Gas Scrubber were successfully commissioned.

On the marketing front, the Devangonthi Terminal became operational, handling MS, HSD, and ATF. A network expansion saw 66 new retail outlets added, taking the total to 167, including three in Tamil Nadu.

Financially, Q4 revenue stood at ₹27,601 crore compared to ₹29,190 crore the previous year. Profit Before Tax fell to ₹584 crore (from ₹1,766 crore), and Profit After Tax dropped to ₹363 crore (from ₹1,137 crore). GRM also dipped to $6.23 per barrel.

For the full year, revenue climbed to ₹1,09,277 crore, but net profit shrank to ₹51 crore from ₹3,596 crore last year, with GRM easing to $4.45 per barrel.