MRF Ltd Reports 12% Growth in Total Income for FY 2024-25, Despite Decline in Profits Due to Increased Input Costs

MRF Ltd, a leading tyre manufacturer, reported a 12% growth in consolidated total income for the year ended 31st March 2025, reaching Rs 28,561 Crores. However, the profit before tax stood at Rs 2479 Crores, a decrease from the previous year's Rs 2787 Crores. The tax expense for the year was Rs 610 Crores, leading to a net profit of Rs 1869 Crores, a decline from the previous year's Rs 2081 Crores. The company's operations saw an increase in exports by around 23%, with all three segments - Replacement, Institutional, and Export - registering strong growth. Despite raw material costs softening in the 4th Quarter, they were partially offset by the Rupee's depreciation against the Dollar. The company effected price increases during the year to offset the impact of increased input costs. The dividend for the financial year 2024-25 is Rs 235/- (2350%) per share of Rs.10 each, including two interim dividends of Rs.3/- each (30%) per share already paid.