Mangalore Refinery and Petrochemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was INR 265,574.4 million compared to INR 204,194.5 million a year ago. Revenue was INR 310,084.6 million compared to INR 250,763.6 million a year ago. Net loss was INR 1,949.5 million compared to net income of INR 5,890.9 million a year ago. Basic loss per share from continuing operations was INR 1.11 compared to basic earnings per share from continuing operations of INR 3.36 a year ago. Diluted loss per share from continuing operations was INR 1.11 compared to diluted earnings per share from continuing operations of INR 3.36 a year ago.
For the nine months, sales was INR 834,551.9 million compared to INR 449,424.2 million a year ago. Revenue was INR 954,384.6 million compared to INR 579,306.1 million a year ago. Net income was INR 7,420.5 million compared to net loss of INR 501.8 million a year ago. Basic earnings per share from continuing operations was INR 4.23 compared to basic loss per share from continuing operations of INR 0.29 a year ago. Diluted earnings per share from continuing operations was INR 4.23 compared to diluted loss per share from continuing operations of INR 0.29 a year ago.