Mangalore,Feb.10: The Board of Directors of Mangalore Refinery and Petrochemicals Limited, a subsidiary Company of ONGC and a Category I Mini Ratna, approved its un-audited results for the third quarter of Financial Year 2013-14. The loss for the third quarter of 2013-14 stood at 248 crore as against loss of 360 crore in the corresponding quarter of last year. The progressive commissioning schedule of MRPL Phase III Expansion project is delayed, The last three major secondary processing units viz Delayed Coker unit/Coker Hydro Treater and Petroleum Fludic catalyst cracking unit including power plant are remaining to be commissioned. The overall project progress as on 15th January, 2014 is 99.50 %. The work progress of CPP by BHEL continues to be a major factor for delayed commissioning of units. The overall progress of Polypropylene Project has reached 93.40 % as on 15th January, 2014. FINANCIAL PERFORMANCE REVIEW AND ANALYSIS: The Throughput fo