Mangalore Refinery Reports Strong Profit Growth Amid Declining Net Sales in Q3 FY24-25
Mangalore Refinery & Petrochemicals (MRPL) reported its third-quarter financial results for FY24-25, showing significant increases in Profit Before Tax and Profit After Tax compared to previous quarters. However, net sales declined, marking the lowest level in five quarters, alongside a decrease in the Debtors Turnover Ratio.
Mangalore Refinery & Petrochemicals (MRPL) has released its financial results for the third quarter of FY24-25, highlighting notable developments in its performance metrics. The company's Profit Before Tax (PBT) reached Rs 441.14 crore, reflecting a substantial growth compared to the average PBT of Rs 315.91 crore over the previous four quarters. Similarly, the Profit After Tax (PAT) also demonstrated positive movement, amounting to Rs 309.30 crore, which is higher than the average PAT of Rs 228.05 crore from the last four quarters.In contrast, MRPL's net sales reported a figure of Rs 21,870.86 crore, which is lower than the average net sales of Rs 24,552.66 crore in the previous four quarters. This marks the lowest net sales recorded in the last five quarters, indicating a shift in sales dynamics. Additionally, the company's Debtors Turnover Ratio has decreased to 24.58 times, the lowest observed in the last five half-yearly periods, suggesting a change in the efficiency of settling its debtors.
In light of these results, there have been evaluation changes regarding MRPL's performance metrics.
Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
