{"id":153812,"date":"2026-07-16T11:01:33","date_gmt":"2026-07-16T05:31:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=153812"},"modified":"2026-07-16T11:01:34","modified_gmt":"2026-07-16T05:31:34","slug":"mrpl-q1-results-fy27-pat-914-crore","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/","title":{"rendered":"MRPL Q1 Results FY27: Net Profit Soars 436.37% to Rs 914 Crore as Refining Margins Recover"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>MRPL Q1 FY27: PAT Rs 914 Cr, up 436.37% YoY from a loss. Revenue Rs 38,254 Cr, up 120.41%. Gross profit Rs 916 Cr vs -Rs 183 Cr a year ago. Stock at Rs 157.47, up 0.32%.<\/em><\/p>\n<p>MRPL Q1 results FY27 were announced on Wednesday, 15 July 2026, with the ONGC-owned oil refiner reporting a consolidated net profit of Rs 914 crore, a sharp turnaround representing growth of 436.37% from a loss of Rs 271 crore in the year ago quarter. Revenue in the MRPL Q1 results FY27 more than doubled, up 120.41% year on year to Rs 38,254 crore from Rs 17,356 crore, while gross profit swung to Rs 916 crore from a loss of Rs 183 crore.<\/p>\n<p>Shares of <a href=\"https:\/\/univest.in\/stocks\/mrpl\/mangalore-refinery-and-petrochemicals-ltd-share-price-today\">Mangalore Refinery and Petrochemicals<\/a> were largely steady, edging up just 0.32% to close at Rs 157.47, a muted reaction relative to the dramatic scale of the earnings turnaround this quarter.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=mrpl-q1-fy27-pat\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#MRPL_Q1_results_FY27_Financial_Highlights\" title=\"MRPL Q1 results FY27 Financial Highlights\">MRPL Q1 results FY27 Financial Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#MRPL_Q1_results_FY27_Performance_Analysis\" title=\"MRPL Q1 results FY27 Performance Analysis\">MRPL Q1 results FY27 Performance Analysis<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#MRPL_Q1_results_FY27_Key_Business_Factors\" title=\"MRPL Q1 results FY27: Key Business Factors\">MRPL Q1 results FY27: Key Business Factors<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#1_Recovery_in_Gross_Refining_Margins\" title=\"1. Recovery in Gross Refining Margins\">1. Recovery in Gross Refining Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#2_Higher_Crude_Throughput_and_Product_Prices\" title=\"2. Higher Crude Throughput and Product Prices\">2. Higher Crude Throughput and Product Prices<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#3_ONGC_Ownership_and_Crude_Supply_Linkage\" title=\"3. ONGC Ownership and Crude Supply Linkage\">3. ONGC Ownership and Crude Supply Linkage<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Dividend_Details\" title=\"Dividend Details\">Dividend Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#MRPL_Q1_results_FY27_Outlook_for_the_Full_Year\" title=\"MRPL Q1 results FY27 Outlook for the Full Year\">MRPL Q1 results FY27 Outlook for the Full Year<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Mangalore_Refinery_and_Petrochemicals_Stock_Performance_After_the_Q1_Results\" title=\"Mangalore Refinery and Petrochemicals Stock Performance After the Q1 Results\">Mangalore Refinery and Petrochemicals Stock Performance After the Q1 Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Key_Risks\" title=\"Key Risks\">Key Risks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#1_Refining_Margin_Cyclicality\" title=\"1. Refining Margin Cyclicality\">1. Refining Margin Cyclicality<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#2_Crude_Oil_Price_Volatility\" title=\"2. Crude Oil Price Volatility\">2. Crude Oil Price Volatility<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#3_Regulatory_and_Subsidy_Considerations\" title=\"3. Regulatory and Subsidy Considerations\">3. Regulatory and Subsidy Considerations<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Frequently_Asked_Questions_on_MRPL_Q1_results_FY27\" title=\"Frequently Asked Questions on MRPL Q1 results FY27\">Frequently Asked Questions on MRPL Q1 results FY27<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#When_were_the_MRPL_Q1_results_FY27_announced\" title=\"When were the MRPL Q1 results FY27 announced?\">When were the MRPL Q1 results FY27 announced?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#What_is_the_PAT_in_MRPL_Q1_results_FY27\" title=\"What is the PAT in MRPL Q1 results FY27?\">What is the PAT in MRPL Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#What_was_the_revenue_in_MRPL_Q1_results_FY27\" title=\"What was the revenue in MRPL Q1 results FY27?\">What was the revenue in MRPL Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Why_did_MRPL_profit_surge_in_Q1_FY27\" title=\"Why did MRPL profit surge in Q1 FY27?\">Why did MRPL profit surge in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#How_did_MRPL_share_price_react_to_the_Q1_results_FY27\" title=\"How did MRPL share price react to the Q1 results FY27?\">How did MRPL share price react to the Q1 results FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/univest.in\/blogs-2\/mrpl-q1-results-fy27-pat-914-crore\/#Is_MRPL_a_good_buy_after_the_Q1_results_FY27\" title=\"Is MRPL a good buy after the Q1 results FY27?\">Is MRPL a good buy after the Q1 results FY27?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MRPL_Q1_results_FY27_Financial_Highlights\"><\/span><strong>MRPL Q1 results FY27 Financial Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The June quarter marked a dramatic turnaround across every metric, driven by recovering refining margins, a swing central to the MRPL Q1 results FY27. The table below summarises the consolidated numbers against the year ago quarter.<\/p>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Q1 FY27<\/th>\n<th>Q1 FY26<\/th>\n<th>YoY Change<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Revenue<\/td>\n<td>Rs 38,254 Cr<\/td>\n<td>Rs 17,356 Cr<\/td>\n<td>+120.41%<\/td>\n<\/tr>\n<tr>\n<td>Gross Profit \/ (Loss)<\/td>\n<td>Rs 916 Cr<\/td>\n<td>-Rs 183 Cr<\/td>\n<td>Turned positive<\/td>\n<\/tr>\n<tr>\n<td>Net Profit (PAT)<\/td>\n<td>Rs 914 Cr<\/td>\n<td>-Rs 271 Cr<\/td>\n<td>Turned positive<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The swing from losses to strong profitability in the MRPL Q1 results FY27 reflects the highly cyclical nature of oil refining, where gross refining margins can move sharply based on crude oil prices, product cracks, and global refining capacity utilisation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRPL_Q1_results_FY27_Performance_Analysis\"><\/span><strong>MRPL Q1 results FY27 Performance Analysis<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/sebi-registered-investment-advisor-india\"><strong>Get Personalised Guidance from a SEBI-Registered Investment Advisor<\/strong><\/a><\/p>\n<p>The scale of the turnaround in the MRPL Q1 results FY27 is a textbook example of refining sector cyclicality, with the company swinging from a loss of Rs 271 crore to a profit of Rs 914 crore as gross refining margins recovered sharply from the pressured levels seen in the year ago quarter.<\/p>\n<p>Revenue more than doubling to Rs 38,254 crore reflects both higher crude throughput and significantly higher product prices compared with the weak year-ago base, when refining margins across the industry were under pressure from oversupply and weak demand.<\/p>\n<p>As a public sector refiner majority owned by ONGC, results in the MRPL Q1 results FY27 are inherently tied to global crude oil and refined product price movements, a factor largely outside management&#8217;s direct control but central to understanding the dramatic swing in profitability.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRPL_Q1_results_FY27_Key_Business_Factors\"><\/span><strong>MRPL Q1 results FY27: Key Business Factors<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"1_Recovery_in_Gross_Refining_Margins\"><\/span><strong>1. Recovery in Gross Refining Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The core driver behind this turnaround is a sharp recovery in gross refining margins from the pressured levels of the year ago quarter, reflecting improved industry-wide refining economics.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Higher_Crude_Throughput_and_Product_Prices\"><\/span><strong>2. Higher Crude Throughput and Product Prices<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Revenue more than doubling suggests both higher volumes processed and significantly better realisations on refined products compared with the weak base a year earlier.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_ONGC_Ownership_and_Crude_Supply_Linkage\"><\/span><strong>3. ONGC Ownership and Crude Supply Linkage<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a subsidiary of ONGC, the company benefits from a degree of crude supply security, a structural factor that supports its ability to capture favourable refining margins during industry upcycles.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Dividend_Details\"><\/span><strong>Dividend Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>No new dividend was announced specifically alongside the MRPL Q1 results FY27. Given the swing back to strong profitability, investors should watch for future board meetings where capital allocation decisions, including potential dividends, may be addressed.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRPL_Q1_results_FY27_Outlook_for_the_Full_Year\"><\/span><strong>MRPL Q1 results FY27 Outlook for the Full Year<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The sustainability of this quarter&#8217;s strong refining margins into the September quarter will be the key factor determining whether this turnaround extends into a multi-quarter trend or proves to be a cyclical spike. Investors should track global crude oil prices, refined product cracks, and industry-wide refining capacity utilisation trends through the rest of FY27.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Mangalore_Refinery_and_Petrochemicals_Stock_Performance_After_the_Q1_Results\"><\/span><strong>Mangalore Refinery and Petrochemicals Stock Performance After the Q1 Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Mangalore Refinery and Petrochemicals live share price and upcoming quarterly results.<\/em><\/p>\n<p>MRPL share price was largely unchanged, edging up 0.32% to close at Rs 157.47 on the NSE after the MRPL Q1 results FY27, a muted reaction relative to the scale of the earnings turnaround.<\/p>\n<p>The subdued stock reaction despite such a dramatic profit swing suggests the market may already be pricing in the inherent cyclicality of refining margins, tempering enthusiasm for what could prove to be a temporary favourable window rather than a sustained trend.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks\"><\/span><strong>Key Risks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Investors going through the fine print of the MRPL Q1 results FY27 should also weigh the following risks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Refining_Margin_Cyclicality\"><\/span><strong>1. Refining Margin Cyclicality<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The dramatic swing seen in the MRPL Q1 results FY27, from a loss to a large profit, underscores how volatile refining margins can be from quarter to quarter, tied to global crude and product price movements largely outside company control.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Crude_Oil_Price_Volatility\"><\/span><strong>2. Crude Oil Price Volatility<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a refiner, profitability behind the MRPL Q1 results FY27 is directly exposed to crude oil price swings and the spread between crude costs and refined product prices, both of which can move sharply on geopolitical or supply-demand factors.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Regulatory_and_Subsidy_Considerations\"><\/span><strong>3. Regulatory and Subsidy Considerations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As a public sector oil company, MRPL&#8217;s operations and pricing can be subject to government policy considerations, adding a layer of regulatory uncertainty beyond pure market dynamics.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MRPL Q1 results FY27 show a dramatic turnaround, with net profit swinging to Rs 914 crore from a loss of Rs 271 crore a year ago, driven by recovering refining margins and revenue more than doubling to Rs 38,254 crore. The scale of margin recovery is the standout feature of the MRPL Q1 results FY27, though the inherent cyclicality of refining economics means sustainability into future quarters is uncertain. Investors should track crude and product price trends and consult a SEBI-registered advisor before acting on the numbers.<\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_MRPL_Q1_results_FY27\"><\/span><strong>Frequently Asked Questions on MRPL Q1 results FY27<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"When_were_the_MRPL_Q1_results_FY27_announced\"><\/span><strong>When were the MRPL Q1 results FY27 announced?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The MRPL Q1 results FY27 were announced on Wednesday, 15 July 2026, for the quarter ended 30 June 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PAT_in_MRPL_Q1_results_FY27\"><\/span><strong>What is the PAT in MRPL Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PAT in MRPL Q1 results FY27 swung to a profit of Rs 914 crore from a loss of Rs 271 crore in Q1 FY26, a turnaround of 436.37%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_revenue_in_MRPL_Q1_results_FY27\"><\/span><strong>What was the revenue in MRPL Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue in the MRPL Q1 results FY27 more than doubled, up 120.41% year on year to Rs 38,254 crore from Rs 17,356 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_MRPL_profit_surge_in_Q1_FY27\"><\/span><strong>Why did MRPL profit surge in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The surge in the MRPL Q1 results FY27 reflects a sharp recovery in gross refining margins from the pressured levels seen in the year ago quarter, alongside higher crude throughput and better product realisations.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_MRPL_share_price_react_to_the_Q1_results_FY27\"><\/span><strong>How did MRPL share price react to the Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MRPL share price was largely unchanged, edging up 0.32% to close at Rs 157.47 on the NSE after the MRPL Q1 results FY27.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_MRPL_a_good_buy_after_the_Q1_results_FY27\"><\/span><strong>Is MRPL a good buy after the Q1 results FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The MRPL Q1 results FY27 show a dramatic turnaround driven by refining margin recovery, though the inherently cyclical nature of refining economics makes sustainability uncertain. This article is for educational purposes only. Consult a SEBI-registered advisor before investing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MRPL Q1 results FY27: net profit swings to Rs 914 crore from a loss, revenue up 120.41% to Rs 38,254 crore on recovering refining margins. 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