
MRF Q2 FY27 Profit Down 26.6% to ₹387 Cr on Higher Costs
MRF Ltd reported its unaudited financial results for the quarter ended September 30, 2026. Consolidated total income rose to ₹8,791.58 Crores from ₹7,489.00 Crores in the same quarter last year. However, consolidated profit before tax declined to ₹521.81 Crores from ₹700.45 Crores. Net profit after tax for the quarter stood at ₹386.99 Crores, a decrease from ₹527.43 Crores in the corresponding quarter of the previous year. The company cited steep increases in raw material prices due to global uncertainties as a primary reason for the reduced profitability, despite strong double-digit sales growth. Price increases and cost-saving measures helped mitigate some pressures. The Board of Directors declared an interim dividend of ₹3 per share.
Key Highlights
- Consolidated income up 17.4% YoY to ₹8,791.58 Cr.
- Consolidated net profit down 26.6% YoY to ₹386.99 Cr.
- Profitability impacted by rising raw material costs.
- Declared an interim dividend of ₹3 per share.
Price Impact
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