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MRF Q2 result: Profit falls 28% to ₹369 crore as raw material costs rise

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MRF Q2 result: Profit falls 28% to ₹369 crore as raw material costs rise
Photo / Coverage: Business Standard - LatestCredit: Reuters
EXECUTIVE SUMMARY

The tyre maker's net profit declined to ₹369 crore from ₹512 crore a year ago, while revenue rose 18 per cent to ₹8,524 crore as material costs climbed 44 per cent

Key Takeaways

  • MRF Q2 result: Profit falls 28% to ₹369 crore as raw material costs rise.

The tyre maker's net profit declined to ₹369 crore from ₹512 crore a year ago, while revenue rose 18 per cent to ₹8,524 crore as material costs climbed 44 per cent

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