MRF Ltd Reports 7% Increase in Q1 Total Income Despite Profit Decline

MRF Ltd, a leading tire manufacturer, reported a 7% increase in consolidated total income for the quarter ended 30th June, 2025, reaching Rs 7802 Crores compared to Rs 7280 Crores for the same period last year. However, the consolidated profit before tax decreased to Rs 670 Crores from Rs 763 Crores, and the consolidated net profit dropped to Rs 500 Crores from Rs 571 Crores. The decline in profits is attributed to increased input costs, despite an uptick in demand for vehicles and improved sales to OEMs in the first quarter of the financial year. The company faced subdued market sentiments due to a tariff issue in April, a war in May, and early monsoons, but still managed to achieve a 7% year-on-year and 9% growth over the previous quarter in total income.