Mangalore Refinery and Petrochemicals reports shocking Q2 losses despite record operational capacity and major expansions
Mangalore Refinery and Petrochemicals Limited (MRPL), a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), reported financial results for Q2 FY 2024-25, revealing a mixed bag of achievements. While the company posted an impressive 118.3% capacity utilization, its bottom line remained in the red, showing a notable loss in both the second quarter and […]