{"id":"f-e550251d2f-5ed72e51-bf40-587d-b4b2-4e2e112ae918","title":"MRPL Q3 Results: PSU stock jumps up to 12% after strong operating performance","description":"MRPL's revenue grew by 9% from the previous quarter, while margins expanded by nearly 500 basis points. The stock cooled off slightly after the initial post-results surge.","timestamp":1768386663,"category":"business","headline":"MRPL Q3 Results: PSU stock jumps up to 12% after strong operating performance","modifiedHeadline":"MRPL Stock Surges 12% on Strong Q3 Results","subCategories":["scid_0f705da1"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"53","fcSummary":"MRPL's shares jumped 12% after reporting strong q3 results, with net profit rising to ₹1,451 crore from ₹627 crore in q2. Revenue increased by 9% to ₹24,712 crore, and ebitda margin expanded to 11.3% from 6.6%. The stock is currently trading 7% higher at ₹155.28.","summary":"MRPL stock soared 12% after Q3 results revealed a 9% revenue jump and significant margin expansion, though gains cooled post-surge.","ctaUrl":"https://trends.glance.com/newz/Economy/IN/en/cnbc-tv18/f-e550251d2f-5ed72e51-bf40-587d-b4b2-4e2e112ae918","sourceUrl":"https://www.cnbctv18.com/market/mrpl-q3-results-revenue-growth-margin-expansion-crude-oil-share-price-reaction-19820965.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/bi968hTmH2d0.webp","content":"Shares of Mangalore Refineries and Petrochemicals Ltd. (MRPL) surged as much as 12% on Wednesday, January 14, after reporting its results for the December quarter just a few minutes before the closing of trade.\n\n
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\n Net profit for the period stood at ₹1,451 crore, compared to ₹627 crore during the September quarter.\n
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\n Revenue for the period grew 9% from the September quarter to ₹24,712 crore from ₹22,684 crore. The revenue numbers are adjusted for the excise duty component.\n
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\n Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the period increased to ₹2,784 crore from ₹1,489 crore in September.\n
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\n EBITDA margin expanded by nearly 500 basis points to 11.3% from 6.6% in the previous quarter.\n\n
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\n Shares of MRPL had gained as much as 12% intraday after the results announcement. The stock now trades 7% higher at ₹155.28. Shares have gained 14% in the last one year.","readDurationInMinutes":"2","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["MRPL's net profit reached ₹1,451 crore, up from ₹627 crore in the prior quarter.","Revenue increased 9% to ₹24,712 crore; EBITDA rose to ₹2,784 crore.","MRPL shares jumped 12% intraday; current stock price is ₹155.28, up 7%."],"tags":["MRPL","Q3Results","StockMarket","PSU","MangaloreRefineries","Petrochemicals","EBITDA","RevenueGrowth","NetProfit","FinancialResults","IndianStockMarket"],"consent":true,"redirectionEnabled":false}

MRPL Q3 Results: PSU stock jumps up to 12% after strong operating performance

SUMMARY