MRF Ltd Announces Robust Q4 Profit Surge
MRF Ltd reported a 38% increase in consolidated net profit for Q4 2026, reaching Rs 702.25 crore, driven by substantial sales growth. The company's revenue from operations rose significantly in the same period, with expenses also increasing. A final dividend of Rs 229 per share was proposed.
MRF Ltd has reported a remarkable 38% surge in its consolidated net profit for the fourth quarter of the fiscal year ending March 31, 2026. The tyre manufacturer announced a net profit of Rs 702.25 crore, a significant rise from Rs 510.5 crore in the same period last year.
The Chennai-based company attributed this impressive performance to strong sales growth, as consolidated revenue from operations for the quarter increased to Rs 8,044.22 crore, compared to Rs 7,074.82 crore in the previous year. However, total expenses also saw an uptick, reaching Rs 7,267.51 crore.
In a move likely to please shareholders, MRF's board recommended a final dividend of Rs 229 per share, contingent upon shareholder approval at the upcoming annual general meeting. Over the full financial year 2026, MRF's consolidated net profit rose to Rs 2,426.1 crore, with revenue from operations at Rs 31,149.01 crore.
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