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Profit before tax dropped by 66.90% year on year to Rs 584.38 crore in the quarter ended 31 March 2025.
The company’s throughput (crude + others) for Q4 FY25 was 4.64 MMT as against 4.60 MMT in Q4 FY24.
Gross refining margin (GRM) reduced to $6.23 per barrel in Q4 FY25 as compared with $11.35 per barrel in Q4 FY24.
EBIDTA for the fourth quarter of FY25 stood at Rs 1,168 crore, down 50.52% compared with Rs 2,361crore posted in the same quarter last year.
On a full-year basis, the company's consolidated net profit dropped 98.6% to Rs 50.58 crore on 4.7% rise in revenue (excluding excise duty) to Rs 94,681.62 crore in FY25 over FY24.
Mangalore Refinery and Petrochemicals, a subsidiary of ONGC, is Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. The refinery has flexibility to process crudes of various API, delivering a variety of quality products. As on 31 March 2025, ONGC held 71.63% stake while Hindustan Petroleum Corporation (HPCL) held 16.96% stake in the company.