External broker reports(aggregated public sources), Prabhudas Lilladhar

Prabhudas Lilladhar

Prabhudas Lilladher is one of India's leading research based financial services organisation.  

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only.  Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Prabhudas Lilladher is one of India's leading research based financial services organisation.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Mangalore Refinery and Petrochemicals Limited / Equity Bottom-Up

Mangalore Refinery and Petrochemicals Limited (MRPL IN)

Mangalore Refinery and Petrochemicals Limited

<ul><li>Mangalore Refinery &amp; Petrochemicals (MRPL) reported lower-than-estimated results with an EBITDA loss of Rs4.7bn in Q2FY25 (vs EBITDA of Rs6.1bn in Q1, PLe EBITDA: Rs0.9bn, BBGe EBITDA: Rs3.5bn).</li><li>Net loss came in at Rs6.8bn (vs PAT of Rs0.7bn in Q1, PLe net loss: Rs3.1bn, BBGe net loss: Rs1.2bn).</li><li>Reported GRM stood at US$0.55/bbl with an inventory loss of US$2.93/bbl.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Mangalore Refinery &amp; Petrochemicals (MRPL) reported lower-than-estimated results with an EBITDA loss of Rs4.7bn in Q2FY25 (vs EBITDA of Rs6.1bn in Q1, PLe EBITDA: Rs0.9bn, BBGe EBITDA: Rs3.5bn).Net loss came in at Rs6.8bn (vs PAT of Rs0.7bn in Q1, PLe net loss: Rs3.1bn, BBGe net loss: Rs1.2bn).Reported GRM stood at US$0.55/bbl with an inventory loss of US$2.93/bbl.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Mangalore Refinery & Petrochemicals - Weak GRM Drags Earnings