
Mangalore Refinery and Petrochemicals Ltd (MRPL) reported a 68% year-on-year decline in net profit for the fourth quarter of fiscal year 2025, with net profit falling to ₹363 crore from ₹1,136.8 crore. Revenue decreased by 2.9% to ₹24,596 crore from ₹25,328.6 crore in the same period last year. EBITDA dropped 51.7% to ₹1,130 crore from ₹2,339 crore, and the EBITDA margin fell to 4.6% from 9.2%. The decline in profitability was attributed to a fall in refining margins. India Cements posted a consolidated profit after tax of ₹19.1 crore in Q4, reversing a year-ago loss, although revenue from operations declined by approximately 3% to ₹1,197 crore. Indraprastha Gas Ltd (IGL) reported a mixed quarter with net profit down 8.8% year-on-year to ₹349.2 crore, while revenue increased 9.8% to ₹3,950.6 crore. EBITDA decreased 4.8% to ₹497.2 crore, and the EBITDA margin contracted to 12.6% from 14.5%. However, on a quarter-on-quarter basis, IGL's net profit rose 22% to ₹349 crore, revenue increased 5.1% to ₹3,950.5 crore, and EBITDA improved 36.6% to ₹497 crore with margin expansion to 12.6%. The Indian stock market was expected to open higher on April 28, 2025, with key stocks to watch including Reliance Industries, India Cements, and others amid easing tariff concerns and global market cues.
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Reliance Industries’ strong results are set to boost the case for large-cap stocks, following a strong showing from banking giants ICICI Bank and HDFC Bank. Read for free with your email on what could move markets today https://t.co/udMGpsKsgc









