MRF reports 37% profit growth in Q4, declares dividend
after close1 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 recommended a final dividend of ₹229 per share, pending shareholder approval. 📈
This strong performance may enhance investor sentiment and support MRF's stock price in the near term.
Not investment advice. For informational purposes only.