MRF’s Q2 profit skids 27% as raw material costs squeeze margins
MRF registered strong double-digit sales growth, supported by sustained demand from both original equipment (OE) and replacement segments. MRF Ltd reported a 26.6% year-on-year (YoY) decline in consolidated net profit to ₹386.99 crore for the second quarter ended September 30, 2026, as a sharp rise in raw material costs eroded margins despite robust revenue growth….
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