- MRF Ltd reported a 27.8% YoY decline in Q2 FY27 consolidated net profit to Rs 369 crore
- Revenue from operations rose 17.6% YoY to Rs 8,524 crore in Q2 FY27
- EBITDA fell 16.3% YoY to Rs 913 crore in the September quarter of FY27
India's one of the highest-priced stocks MRF Ltd. reported a 27.8% year-on-year (YoY) decline in consolidated net profit to Rs 369 crore in the September quarter of FY27 (Q2FY27).
The company had reported a net profit of Rs 512 crore in the corresponding quarter last year (Q2FY26).
Revenue from operations or top line surged 17.6% annually to Rs 8,524 crore in the September quarter of FY27, from Rs 7,250 crore a year ago.
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At the operating front, earnings before interest, tax, depreciation and amortisation (EBITDA) declined 16.3% to Rs 913 crore from Rs 1,090 crore in the year-ago period.
Subsequently, EBITDA margin contracted to 10.7% from 15% in the corresponding quarter last year.
MRF Dividend
The company's board also approved an interim dividend of Rs 3 per share for FY27. November 17 has been fixed as the record date to determine shareholder eligibility for the dividend.
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