MRF tire manufacturer showed 29% increase in consolidated net profit in the 4th quarter to 512 crore from 396 crore in the period per year. The company’s revenue increased by 11% to 7,075 crore.
The company showed a consolidated total income of 28.561 Crore per year ending 31. The consolidated tax profit was 2,479 GBP Crore, compared to 2,787 GBP Crore for the previous financial year. The consolidated net profit was 1,869 GBP Crore compared to 2,081 Crore for the previous financial year. The Company stated that despite the increase in total income, profits for the financial year of 2024-2025 have reduced due to an increase in initial costs.
The tire manufacturer introduced during the FY2024-25, all three market segments-high, institutional and export-encompassing strong growth. The fourth quarter continued to register the overall growth of the original equipment, exports and in the replacement segment. MRF also provides an electric vehicle segment.
Published – 9 May 2025 21:53
