Mangalore Refinery and Petrochemicals has reported results for third quarter ended December 31, 2013.
The company has reported a net loss of Rs 247.68 crore for the quarter as compared to net loss of Rs 359.58 crore for the same quarter in the previous year. However, total income of the company has increased by 5.18% at Rs 18944.16 crore for quarter under review as compared to Rs 18011.29 crore for the quarter ended December 31, 2012
MRPL is a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).
The company has reported a net loss of Rs 247.68 crore for the quarter as compared to net loss of Rs 359.58 crore for the same quarter in the previous year. However, total income of the company has increased by 5.18% at Rs 18944.16 crore for quarter under review as compared to Rs 18011.29 crore for the quarter ended December 31, 2012
MRPL is a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).
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