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MRF’s Q2 profit skids 27% as raw material costs squeeze margins

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MRF’s Q2 profit skids 27% as raw material costs squeeze margins
Photo / Coverage: The Hindu - Default Feeder
EXECUTIVE SUMMARY

Tyre maker anticipates continued disruptions and volatility in commodity markets. Raw material and logistics costs are expected to remain elevated.

Key Takeaways

  • MRF’s Q2 profit skids 27% as raw material costs squeeze margins.
  • Tyre maker anticipates continued disruptions and volatility in commodity markets.
  • Raw material and logistics costs are expected to remain elevated.

Tyre maker anticipates continued disruptions and volatility in commodity markets. Raw material and logistics costs are expected to remain elevated.

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Published originally on The Hindu - Default Feeder

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