MRF reports 3-fold increase in third-quarter profit
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.
RELATED ARTICLES
Tata Motors’ Iveco Deal Clears Key Regulatory Hurdle
The company says all prior approvals required under the sector regulatory framework are now in place; the offer document...
VinFast Plans India-Specific EVs, gets Approval for Phase 2 of Thoothukudi Plant
Upcoming models will be developed for local requirements with higher localisation; company will continue CKD assembly of...
India CE Exports Surge 31.5%; ICEMA Sees More Growth Ahead
Exports now account for around 20% of India’s construction equipment production, up from 2-3% five years ago, with devel...


09 Feb 2024
5201 Views

Kiran Murali
Mukul Yudhveer Singh