MRF Net Profit Dips in June Quarter, Revenue Rises
By Rediff Money Desk, New Delhi Aug 08, 2024 14:56
MRF's net profit declined by 3% to Rs 571 crore in the June quarter, while total income rose to Rs 7,280 crore. Read more.
New Delhi, Aug 8 (PTI) Tyre maker MRF on Thursday said its consolidated net profit declined by 3 per cent year-on-year to Rs 571 crore for the first quarter ended June 30, 2024.
The company had reported a net profit of Rs 589 crore in the April-June quarter of last fiscal.
Total income increased to Rs 7,280 crore for the period under review as against Rs 6,515 crore in the June quarter of FY24, MRF Ltd said in a regulatory filing.
Shares of the company were trading 4.80 per cent higher at Rs 1,41,130 apiece on the BSE.
The company had reported a net profit of Rs 589 crore in the April-June quarter of last fiscal.
Total income increased to Rs 7,280 crore for the period under review as against Rs 6,515 crore in the June quarter of FY24, MRF Ltd said in a regulatory filing.
Shares of the company were trading 4.80 per cent higher at Rs 1,41,130 apiece on the BSE.
Source: PTI
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 15.87 (+ 0.95)
- 60670473
- GTL Infrastructure
- 2.82 (+ 1.81)
- 59154693
- Suzlon Energy Ltd.
- 72.95 (+ 4.86)
- 19977625
- Srestha Finvest
- 2.07 ( -2.36)
- 18682919
- YES Bank Ltd.
- 23.92 ( -0.54)
- 14385929
MORE NEWS
Brother India Prioritizes Quality Over Low...
Brother International (India) prioritizes quality and value over low-end products,...
Radisson Hotel Group Opens Park Inn in Chennai
Radisson Hotel Group announces the opening of a 100-room Park Inn by Radisson Chennai...
Standard Chartered Exits Protean eGov Tech,...
Standard Chartered Bank has sold its entire 3.09% stake in Protean eGov Technologies...