Mangalore Refinery and Petrochemicals Limited reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was INR 211,731.2 million compared to INR 322,897.3 million a year ago. Revenue was INR 248,843.1 million compared to INR 359,521.9 million a year ago.

Net income was INR 10,147.9 million compared to INR 27,162.6 million a year ago. Basic earnings per share from continuing operations was INR 5.79 compared to INR 15.5 a year ago. Diluted earnings per share from continuing operations was INR 5.79 compared to INR 15.5 a year ago.