MRF, India's top tyre maker, reports a 38% drop in net profit despite a 14% rise in revenue.

MRF, India's leading tyre maker, saw its net profit drop by 38% to Rs 315 crore in the December quarter of FY25, with EBITDA falling 21% to Rs 835 crore. Despite these declines, revenue rose 14% to Rs 7,001 crore. The company's shares fell 4% to Rs 1,10,374 on the BSE due to the drop in profitability. MRF announced a second interim dividend of Rs 3 per equity share.

2 months ago
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