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MRPL reported revenue of Rs. 35,590.40 crore in Q2, up 37.13% YoY but down 14.46% QoQ.
EBITDA increased 120.28% YoY and 148.85% QoQ to Rs. 3,278.92 crore, with EBITDA margin expanding to 9.21% from 5.74% in Q2 last year and 3.17% in Q1, primarily driven by improved refining profitability on the back of stronger diesel cracks and spreads. PBT (excluding exceptional items) rose 174.86% YoY and 254.98% QoQ to Rs. 2,637.69 crore, while PAT increased 202.98% YoY and 100.99% QoQ to Rs. 1,900.76 crore.
Other income stood at Rs. 49.51 crore versus Rs. 61.36 crore YoY and Rs. 70.89 crore QoQ.
The company reported an exceptional loss of Rs. 118.76 crore in Q2, compared with an exceptional gain of Rs. 471.76 crore in Q1.
Q2 earnings for the Quarter ended September 30, 2026
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