MRF posts Rs 572 crore profit for Q2 FY2024

The company attributes the robust performance to improved operational performance and correction in raw material prices.

MRF

Tyre major MRF has announced its financial results for the second quarter of FY2024. The company reported revenue of Rs 6,087 crore, as against Rs 5,719 crore for the same period last year.

The net profit came at Rs 572 crore, saw a 5-fold jump from Rs 124 crore reported for the same period last year.

The company attributes the robust performance to improved operational performance and correction in raw material prices.

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This article was first uploaded on November three, twenty twenty-three, at seven minutes past four in the afternoon.
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