Mangalore Refinery and Petrochemicals (500109) Q4 25/26 earnings summary

Executive summary

• Audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, were approved, with audit reports carrying unmodified opinions.

• No final dividend was recommended for FY 2025-26; an interim dividend of ₹4.00 per share (₹701.04 crore) was paid in March 2026.

Financial highlights

• Consolidated revenue from operations for FY 2025-26 was ₹1,05,185.49 crore, up from ₹1,09,279.51 crore in FY 2024-25.

• Net profit for FY 2025-26 was ₹1,924.58 crore, a significant increase from ₹56.21 crore in FY 2024-25.

• Q4 FY 2025-26 consolidated net profit was ₹116.90 crore, compared to ₹370.63 crore in Q4 FY 2024-25.

• Operating margin for FY 2025-26 was 5.32%, up from 1.03% in FY 2024-25; net profit margin rose to 2.17% from 0.06%.

• Basic and diluted EPS for FY 2025-26 stood at ₹10.98, compared to ₹0.32 in FY 2024-25.

Outlook and guidance

• The company intends to opt for a lower tax rate under Section 200 of the Income Tax Act, 2025, from FY 2026-27, impacting deferred tax calculations.

• Management assessed ongoing geopolitical conditions and found no significant effect on asset recoverability.