MRF Limited
Madras Rubber Factory Limited (MRF) is the parent company of the MRF Group. The Co is engaged in the business of manufacturing tyres
What MRF files
- Others57
- Important24
- Updates15
- Dividend/Bonus11
- Board Meeting6
- Results1
MRF saw consolidated Q1 income rise to Rs 8610.56 Cr, but net profit dipped to Rs 495.35 Cr due to higher input costs. Strong demand from OE manufacturers and replacement sales drove performance, yet raw material price pressure is expected to continue impacting margins.
MRF's 65th Annual General Meeting is on August 6. July 17 is the record date for final dividend eligibility. If declared at the AGM, dividend payment will be on or after August 17.
MRF announced a key operational change. Mr. Suresh T Cherian, Vice President - ITS, has retired from senior management. Investors should note this leadership transition.
MRF's annual net profit surged 30% to Rs 2,426 Cr on 11% higher income (Rs 31,654 Cr), crossing Rs 30,000 Cr in sales. Strong growth in OE/replacement segments, new SKUs, and EV supply aided performance. Capacity expansion planned despite rising raw material costs and monsoon concerns.
MRF's full-year standalone revenue hit ₹30,652 Cr, with profit at ₹2,355 Cr. The board proposed a ₹229/share final dividend, totaling ₹235/share for the year. Key operational updates include a change in Company Secretary, re-appointment of auditors, and redemption of ₹150 Cr debentures.