MRF Q2 results: Consolidated net profit down 19% to Rs 470.7 billion

Rave News

Tire maker MRF reported on Friday that consolidated net profit fell 19% year-on-year. $Revenue for the quarter ended September 30, 2024 was Rs 470.7 billion.

The company reported consolidated net profit of $According to regulatory filings, revenue in the second quarter of the previous fiscal year was 586.6 billion rupees.

Consolidated operating income for the September quarter grew 10% to $6,881.09 Crore, compared to Rs. $Revenue for the corresponding quarter of fiscal 2023-24 was Rs 6,217.1 crore, the company said in a regulatory filing.

Calculated separately, net profit dropped by 20% $During the current quarter, revenue stood at Rs 455.43 crore, from $According to the filing, Rs 57,193 crore was delivered in the second quarter of FY24.

Standalone operating income for the ninth quarter of fiscal 2025 was $6,760.37 billion rupees, an increase of 11.1% over the previous year $It was Rs 6,087.56 crore a year ago, the report said.

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