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MRF Q1 net up fivefold to ₹581 cr. on increase in sales volume

Posted on August 3, 2023 By admin
MRF Q1 net up fivefold to ₹581 cr. on increase in sales volume

MRF Ltd., standalone net profit for the June quarter rose more than fivefold to ₹581 crore over the year earlier period due to increase in sales volume and softening of input costs. Revenue from operations increased by 13% to ₹6,323 crore, material costs declined to ₹3,722 crore from ₹4,043 crore, the tyre major said in…

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