| Refining and Petrochemicals | Crude oil refining producing MS, HSD, ATF, bitumen, polypropylene, para xylene and benzene petrochemicals. | Strategic location in Mangalore; integrated refinery and petrochemical complex; strong parentage under ONGC; extensive retail distribution network; robust technology partnerships. | Institutional customers, retail fuel users, aviation industry, and petrochemical buyers; B2B & B2C segments. | Polypropylene production, aviation turbine fuel sales, petrochemical exports, and retail fuel outlets have higher margins. | 109239 | 100 | Revenue from sale of refined petroleum products, polymers, aviation fuels, and petrochemicals to institutional and retail customers. | Market-driven pricing for petroleum products; term contracts and spot sales; retail pricing regulated by government policies. | Capacity expansions, retail network growth, product diversification into polymers and aviation fuel segments, adoption of BS-VI norms. | MRPL HiQ Retail Outlets, Shell MRPL Aviation Fuel |