Tyre maker MRF just dropped some serious financial news, folks! They reported a whopping 29% growth in their net profit for the fourth quarter ending March 2025, hitting ₹512 crore. That’s some serious cash flow right there. Their revenue also saw a solid 11% jump, reaching ₹7,074 crore compared to ₹6,349 crore in the previous year. Despite a 12% increase in revenue for the fiscal year 2025, their net profit took a hit, dropping to ₹1,869 crore from ₹2,081 crores in the last financial year. Ouch! The company blamed this dip on rising input costs.
But wait, there’s more! MRF announced a dividend of ₹235/- (2350 per cent) per share of ₹10 each for the financial year 2024-25. That includes two interim dividends of ₹3/- each (30 per cent) per share that were already paid out. Cha-ching!
In the exports department, MRF saw some serious growth with consolidated exports for FY25 hitting ₹2321 Crores, up from ₹1887 Crores in the previous financial year. That’s a solid 23% year-on-year increase. The company boasted about strong growth across all market segments in the financial year 2024-25, including Replacement, Institutional, and Export markets. They also made sure to mention their presence in the Electric vehicle sector, supplying tyres to all major OEMs in the Commercial, Passenger, and 2/3 Wheeler segments. Talk about diversification!
According to MRF, raw material costs saw a slight decrease in the fourth quarter compared to the third quarter. They also mentioned implementing price increases throughout the year to offset the impact of rising input costs. Smart move, MRF!
And guess what? Shares of MRF ended the trading day at ₹140428.70 on the BSE, up 4% on Wednesday. Investors must be feeling pretty good about that one.
All in all, MRF seems to be holding its own in the market despite some challenges. Not really sure why this matters, but hey, it’s always interesting to see how companies navigate through financial ups and downs. Keep on rolling, MRF!