ONGC Subsidiary MRPL Share Price Surges 13% on Stellar Q1 Results, Swings to Profit

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16 July 2026 at 3:17 pm

ONGC Subsidiary MRPL Share Price Surges 13% on Stellar Q1 Results, Swings to Profit

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Summary

Shares of Mangalore Refinery and Petrochemicals Ltd. (MRPL), an ONGC subsidiary, surged over 13% after reporting a profit of ₹945.68 crore in Q1 FY27, with revenue climbing 46% quarter-on-quarter.

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ONGC Subsidiary MRPL Share Price Surges 13% on Stellar Q1 Results, Swings to Profit | News Studio | News Studio