New Delhi, Nov 3 (PTI) Tyre maker MRF Ltd on Friday reported a four-and-half fold rise in consolidated profit from continuing operations at Rs 586.66 crore in the second quarter ended September 30, driven by higher revenue and fall in raw material costs.
Updated:
Nod for interim dividend of ₹3 / share
Share Article
AAA
MRF Ltd. on Thursday said standalone net profit for the third quarter ended December has more than doubled to ₹512 crore on increased sales volume, compared with the year-earlier period.
Nod for interim dividend of ₹3 / share
MRF Ltd. on Thursday said standalone net profit for the third quarter ended December has more than doubled to ₹512 crore on increased sales volume, compared with the year-earlier period.
During the quarter under review, revenue from operations increased by 14% to ₹4,567 crore, while financial costs declined to ₹64 crore from ₹70 crore, the company said in a filing.
Leading tyre maker MRF has more than doubled its net profit at ₹512 crore for the quarter ended December 21, 2020 compared to a net profit of ₹237 crore in a year-ago period, on account of strong oper