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 icon3238 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
New Toyota rugged SUV to enter production by year end

auther Autocar Pro News Desk calendar26 Jul 2024

Will share platform, powertrain with Fortuner.

Good news for electric 2-wheeler buyers as govt extends EMPS scheme

auther Autocar Pro News Desk calendar26 Jul 2024

EMPS, which was originally set to conclude on July 31, 2024, will now run until September 30, 2024. Additionally, the go...

BMW looks at introducing LWB SUVs in India

auther Autocar Pro News Desk calendar26 Jul 2024

BMW has three LWB sedans in India currently.