Mangalore Refinery and Petrochemicals Limited (MRPL) delivered exceptional financial results for Q3 FY26, with profit after tax (PAT) soaring nearly five-fold to ₹1,445 crore. According to the latest financial data, revenue from operations (excluding excise duty) jumped 80.96% year-on-year to ₹24,711.65 crore in Q3 FY26 compared to the corresponding quarter last year. Profit before tax (PBT) soared 371.78% year-on-year to ₹2,214.28 crore during the quarter, while EBITDA stood at ₹2,824 crore, recording growth of 165.41% compared with ₹1,064 crore posted in the corresponding quarter last year. Throughput (crude and others) stood at 4.70 MMT in Q3 FY26, registering growth of 2.17% compared with 4.60 MMT in Q3 FY25. The company's debt equity ratio improved from 0.79 as at September 30, 2025 to 0.63 as at December 31, 2025, indicating improved financial health.
Mangalore Refinery and Petrochemicals Limited (MRPL) has scheduled a board meeting on March 3, 2026, to consider the declaration of an interim dividend for the financial year 2025-26. According to reports from ET Now, the board meeting has been convened in compliance with Regulations 29 and 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has requested the exchanges to take the intimation on record for this important corporate decision.
In line with its Code of Internal Procedures and Conduct for Prohibition of Insider Trading, MRPL has closed its trading window for equity shares from February 24, 2026, until March 5, 2026. As reported by ET Now, this restriction applies to designated persons and insiders to prevent insider trading ahead of the board's decision. The trading window closure is standard practice to ensure transparency and maintain fair trading in the securities market before key corporate announcements.
Among other agenda items, the board will deliberate on the proposal for an interim dividend, if any, for FY26. According to the regulatory filing reported by ET Now, investors will closely watch the outcome of the March 3 board meeting for clarity on whether the company announces an interim dividend for the ongoing financial year. Any decision in this regard will be communicated to the stock exchanges in due course, with the company requesting exchanges to take the intimation on record. The strong Q3 financial performance, with PAT jumping nearly five-fold, may influence the board's dividend decision.
