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 icon5273 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

Volvo Studies Plug-In Hybrids for India, Remains Committed to EVs

auther Ketan Thakkar calendar12 Oct 2026

MD Malhotra says current tax treatment favours battery electric vehicles, while customer willingness to pay will determi...

Volvo Signals Price Hike as Currency and Supply Pressures Hit Business

auther Ketan Thakkar calendar12 Oct 2026

Rising logistics costs could force an increase before the next annual review, while vehicle shortages constrain festive-...

Volvo Bets on EX90 to Build Premium Appeal, Takes the Long View on India

auther Ketan Thakkar calendar12 Oct 2026

The Swedish carmaker sees its 90 family strengthening its position for future growth, with safety and Scandinavian ident...