Friday, May 25, 2012

MRPL Q4 net profit up 9% at Rs 602 cr


Mangalore Refinery and Petrochemicals ' (MRPL) net profit grew by 8.9% year-on-year to Rs 602 crore for the fourth quarter of FY12.

Net sales during the same period increased nearly 28% to Rs 15,838 crore from Rs 12,387 crore.

Company says crude oil imports from Iran will come down to 5 mt in FY13 as they may face problems in importing crude from Iran from July.


Gross refining margin stood at USD 7.07 a barrel in January-March quarter of 2012.



Source: www.moneycontrol.com


Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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