The MRF Group’s parent firm is Madras Rubber Factory Ltd (MRF). The company make tyres as part of its line of work.
Financial Results:
MRF Ltd.’s revenue in Q3FY23 rose 15% to ₹ 5,645 millions. Consolidated Profit After Tax came at ₹ 175 crores in Q3FY23 showcasing a 17% rise on an YoY basis. In this quarter’s results, the reports suggested that the firm has continued to deliver consistent performance in all key operational and financial indicators in Q3Y23.