Mangalore Refinery and Petrochemicals Ltd declares financial results

The Board of Directors of Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary company of ONGC and Schedule "A" Mini Ratna Category I Company during its 262nd Meeting held on May 3, 2024, approved it's Standalone and Consolidated Audited Financial Results for the fourth quarter (Q4 FY 2023-24) and Year (FY 2023-24) ended March 31, 2024. Major Highlights for the fourth Quarter (Q4 FY 2023-24): Highest crude throughput in a Quarter 4.51 MMT (Previous best was 4.42 MMT during Q4 FY 2015-16). KGD6 Crude from Ruby FPSO off Kakinada, India (API-45.50) was processed for the first time in the month of February 2024. KG-D98 Crude (API-33.77, India) from East Godavari block, was processed for the first time in the month of March 2024.  First parcel of Mineral Turpentine Oil (MTO) was delivered to the customer during the month of March 2024. Ever Highest ATF production in the Month of January 2024 i.e. 222.69 TMT (Previous Best was 209.01 TMT in October 2022). Ever Highest Polypropylene production in the month of March 24 i.e.43.73 TMT (Previous best was 43.27 TMT in October 2021). Ever Highest Reformate production in the month of January 2024 i.e. 104.23 TMT (Previous best was 104.11 TMT in December 2023). Ever Highest Reformate dispatch in the month of February 2024 i.e. 130.43 TMT (Previous Highest was 102.24 TMT in the Month of July 2023). Highest ATF dispatch recorded in the month of February 2024 of 227.52 TMT (Previous highest was 222.10 TMT in March 2023). MRPL has touched a significant milestone in its retail footprint expansion aspirations by commissioning its 103 rd HiQ Retail Outlet.

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