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MRF Q1 results: Net profit dips to Rs 571 cr, total income at Rs 7,280 cr

Business Standard LogoBusiness Standard7h ago

MRF Q1 results: Net profit dips to Rs 571 cr, total income at Rs 7,280 cr - Business Standard

Quick Summary:

Tyre maker MRF on Thursday said its consolidated net profit declined by 3 per cent year-on-year to Rs 571 crore for the first quarter ended June 30, 2024.

Total income increased to Rs 7,280 crore for the period under review as against Rs 6,515 crore in the June quarter of FY24, MRF Ltd said in a regulatory filing.

The company had reported a net profit of Rs 589 crore in the April-June quarter of last fiscal.


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MRF Q1 results: Net profit dips to Rs 571 cr, total income at Rs 7,280 cr - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 15:42:26 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 190 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21982366

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Official Website: business-standard.com

Update Frequency: 321 posts per day

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News Last Updated: 2 hours ago

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