Mangalore Refinery and Petrochemicals Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 283,834.1 million compared to INR 309,661.6 million a year ago. Revenue was INR 284,229.9 million compared to INR 310,084.6 million a year ago. Net income was INR 3,920.8 million compared to net loss of INR 1,949.5 million a year ago. Basic earnings per share from continuing operations was INR 2.24 compared to basic loss per share from continuing operations of INR 1.11 a year ago. Diluted earnings per share from continuing operations was INR 2.24 compared to diluted loss per share from continuing operations of INR 1.11 a year ago.
For the nine months, sales was INR 760,597.3 million compared to INR 953,345.4 million a year ago. Revenue was INR 762,120.4 million compared to INR 954,384.6 million a year ago. Net income was INR 24,585.5 million compared to INR 7,420.5 million a year ago. Basic earnings per share from continuing operations was INR 14.03 compared to INR 4.23 a year ago. Diluted earnings per share from continuing operations was INR 14.03 compared to INR 4.23 a year ago.