Skip to main content

MRF reports 3-fold increase in third-quarter profit

MRF reports 3-fold increase in third-quarter profit

Autocar Professional BureauBy Autocar Professional Bureau calendar 09 Feb 2024 Views icon5155 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
MRF reports 3-fold increase in third-quarter profit

Indian tyre maker MRF has reported a 3-fold increase in third-quarter profit. It reported a profit of Rs 503.94 crore compared to Rs 161.17 crore in the year  ago period.

Revenue from operations stood at Rs 6,162.46 crore in Q3 FY24 versus Rs 5,644.55 crore in the year-ago period.

The company's total expenses are Rs 5557.67 crore versus Rs 5484.72 crore in the year ago period. 

Last year, MRF was among the top 15 tyre manufacturers as part of the world's most valuable tyre brands. 

Tags: MRF tyres

RELATED ARTICLES

Mahindra Last Mile Mobility becomes unicorn; Lightrock leads Rs 322-crore funding

auther Kiran Murali calendar30 Jul 2026

The latest funding round was led by Lightrock, with participation from existing investors International Finance Corporat...

Hyundai India Sticks to Full Year FY27 Guidance Despite Q1 Hit

auther Kiran Murali calendar30 Jul 2026

For the full year FY27, the Korean carmaker has guided for 8-10% volume growth, and 11-14% EBITDA margin. 

Mahindra Leadership Sees ‘Growth Gems’ Outpacing Core Business With 3x Profit Jump

auther Shahkar Abidi calendar30 Jul 2026

Real estate, logistics, and secondary units post 39% revenue surge to cushion core automotive and farm sectors against c...