MRPL drops after Q2 results, investors assess refinery fire impact
Mumbai, Oct. 15 -- Profit rose 100.99% quarter-on-quarter from Rs 945.68 crore in Q1 FY27.
During Q2 FY27, the company reported a fire at the Coker Hydrotreater (CHT) unit in Phase III of its refinery complex. The company provisionally estimated the financial impact at Rs 118.76 crore, comprising the estimated carrying value of damaged property, plant and equipment, corresponding to an estimated replacement value of approximately Rs 225 crore, and losses relating to inventories and other incidental expenses. The provisionally assessed loss was presented as an exceptional item in the financial results for the quarter ended 30 September 2026. The company said the affected assets were adequately insured.
Exceptional items for H1 FY27 also ...
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