MRF reports 3-fold increase in third-quarter profit

MRF reports 3-fold increase in third-quarter profit

Autocar Pro News Desk By Autocar Pro News Desk calendar 09 Feb 2024 Views icon2422 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
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