Tyre manufacturer MRF posted a consolidated net profit of Rs 396 crore for the fourth quarter ending March 2024, marking a 16% increase from the same period last year. Revenue from operations also surged to Rs 6,349 crore during this quarter. For the entire fiscal year, MRF reported a net profit of Rs 2,081 crore, a significant rise from Rs 769 crore in the previous year. Revenue from operations for the full year reached Rs 25,169 crore, up from Rs 23,008 crore in the preceding fiscal. The company’s board has recommended a final dividend of Rs 1,941 per share of Rs 10 each, in addition to two interim dividends already paid.
MRF Reports Strong Growth with 16% Rise in Q4 Net Profit
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