MRF reports 37% profit growth in Q4, declares dividend
pre-market1 source ↓written by the desknot a recommendation
- in standalone net
- 37% YoY increase
- for Q4
- ₹680 cr
- last year
- ₹498 cr
- Revenue rose
- 14% YoY
- ₹7,908 cr
Tyre maker MRF reported a 37% YoY increase in standalone net profit to ₹680 cr for Q4, up from ₹498 cr last year. Revenue rose 14% YoY to ₹7,908 cr. The board has proposed a final dividend of ₹229 per share, pending shareholder approval. This performance may enhance investor sentiment in the automotive sector.
• Net profit: ₹680 cr
• Revenue: ₹7,908 cr
• Proposed dividend: ₹229 per share
• Profit before tax: ₹900 cr
Not investment advice. For informational purposes only.