MRF Q1 results: Net profit increases over 12-fold to Rs 166 crore_MRF Q1 results: Net profit increases over 12-fold to Rs 166 crore

MRF Q1 results: Net profit increases over 12-fold to Rs 166 crore

May 31, 2024

The company reported a net profit of Rs. 13 billion for the last FY4 FY4 FY4 quarter to June quarter.

Related Affle Q1 results: net profit up 57% to Rs 37% crore. OnMobile Q1 results: net profit up 36% to Rs 120 crore. DCB Bank Q1 results: net profit down 57% to Rs 120 crore.

NEW DELHI: MRF Tire giant on Monday reported a more than 12 days times growth in consolidated net profit to Rs 1.66 billion for the first quarter ended June 30.

The company had posted a net profit of Rs 13,000 crore in the April-June quarter of the previous fiscal.

MRF’s operating profit increased to Rs 41,840 crore in the first quarter as against Rs 24,610 crore in the first quarter of 2020-21, according to a regulatory filing.

MRF shares traded 3.16% higher on BSE till Rs 82.020.25% per share.

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