MRF Declares Dividend of Rs 3 Per Share

Leading tyre manufacturer MRF has announced a dividend payment of Rs 3 per share for its shareholders, reflecting the company's commitment to returning value to investors.

MRF Q3 Net Profit Surges 119% to ₹6.8B

MRF Limited reported consolidated net profit of ₹6.8 billion in Q3, marking a significant 119% year-on-year growth from ₹3.1 billion in the corresponding quarter of previous year.

MRF Q2 Earnings: Profit Jumps 11.7% as Brokerages Split on Outlook

MRF reported quarterly profit growth of 11.7% to Rs 526 crore with revenue rising 7.2% to Rs 7,379 crore, while EBITDA margin expanded to 15.3% and the company announced Rs 3 per share interim dividend. Brokerages remain divided with Kotak maintaining 'sell' citing rich valuations despite raising target to Rs 1,27,500, while CLSA upgraded target to Rs 1,78,536 on 'outperform' rating expecting margin benefits from falling input costs.