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MRF Ltd Q1FY24; 375% rise in Profits

Madras Rubber Factory Limited (MRF) is the parent company of the MRF Group. The Co is engaged in the business of manufacturing tyres

Financial Results:

MRF Ltd reported Revenues for Q1FY24 of ₹6,440.00 Crores up from ₹5,696.00 Crore year on year, a rise of 13.06%.

Total Expenses for Q1FY24 of ₹5,727.00 Crores up from ₹5,567.00 Crores year on year, a rise of 2.87%.

Consolidated Net Profit of ₹589.00 Crores up 375.0% from ₹124.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1,388.20, up 376.34% from ₹291.43 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: tyres
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