Strong sales drove MRF Ltd.’s consolidated net revenue for the September quarter up by virtually fivefold to ₹587 crore over the identical interval final 12 months.
Revenue from operations grew by 7% to ₹6,217 crore. Cost of supplies slid to ₹3,749 crore from ₹4,161 crore, the tyre main stated in an announcement.
On a standalone foundation, the corporate posted a net revenue of ₹572 crore (₹124 crore) and income from operations of ₹6,088 crore towards ₹5,719 crore.
The board declared an interim dividend of ₹3 per share and will probably be payable by November 30.