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Mangalore Refinery net plummets 92.4 percent (Lead)

thaindian.com » 2008 » October » 27th » Mangalore Refinery net plummets 92.4 percent (Lead)

Tagged: uncategorized, k gupta, petroleum products, rs 250, mrpl, international oil prices, inventory loss, refinery margin, crude distillation unit, director finance, planned maintenance

New Delhi, Oct 27 (IANS) Mangalore Refinery and Petrochemicals Ltd (MRPL) saw its net profit diving 92.4 percent in the second quarter due to a steep reduction in international oil prices.A subsidiary of Oil and Natural Gas Corp (ONGC), MRPL has announced a net profit of Rs.250 million in the second quarter ending Sep 30, [...] … Continue Reading »

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