MRPL shares zoom 11% after Q1 turnaround; revenue nearly doubles

MRPL reported a strong Q1FY27 turnaround, with revenue from operations nearly doubling YoY to Rs 41,609 crore from Rs 20,989 crore. The company returned to profitability with a PAT of Rs 915 crore, compared with a net loss of Rs 272 crore in the year-ago quarter. The stock rallied 11% on the results, though it remains down about 7% over the past month with a market cap of around Rs 27,598 crore.