MRF Ltd net profit surges 361% to ₹571.9 crore in Q2
Mumbai: MRF Ltd on Friday reported a 361% year-on-year (YoY) increase in net profit to ₹571.9 crore for the second quarter of FY24 from ₹123.9 crore in the same quarter last year. The profit figure missed Bloomberg analysts’ estimate of ₹587.8 crore.
Revenue rose by 6% to ₹6,087.56 crore during the quarter from ₹5,719 crore last year. The board of directors also declared an Interim dividend of ₹3 per equity share.
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Updated: 03 Nov 2023, 01:00 PM IST