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MRF Q1 profit drops 1.3% on input costs

MRF Q1 profit drops 1.3% on input costs

Posted on August 11, 2026 By admin


MRF Limited reported a consolidated total income of ₹8,610.56 crore for the quarter ended June 30, 2026, up from ₹7,804.23 crore in the corresponding quarter last year. Revenue from operations grew 9.7% year-on-year and 4.8% over the previous quarter.

However, consolidated net profit came in at ₹495.35 crore, down 1.3% from ₹501.82 crore a year earlier, and down 29.5% from ₹702.25 crore in the preceding quarter ended March 2026. Consolidated profit before tax stood at ₹649.69 crore, compared with ₹671.83 crore in the year-ago quarter.

In a press release, the company said it delivered a resilient operating performance in the quarter on the back of good demand for its products. Demand from OE manufacturers was buoyant as vehicle sales across segments witnessed strong growth, while replacement sales also remained healthy. However, higher input costs impacted profitability during the quarter.

MRF said it had taken price increases and cost management measures during the quarter, which helped partially offset the rise in costs. The company added that raw material prices continue to remain firm due to the ongoing conflict in the Middle East, and that the impact of higher costs on margins is expected to continue.

Published – August 11, 2026 07:46 pm IST



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Business Tags:manufacturing, middle east conflict, MRF, Quarterly performance, Tyres

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