MRF has reported results for second quarter ended March 31, 2014.
The company has reported a fall of 18.87% in its net profit at Rs 170.87 crore for the quarter ended March 31, 2014 as compared to Rs 210.61 crore for the same quarter in the previous year. Total income from operations of the company has increased by 13.67% at Rs 3309.66 crore for quarter under review as compared to Rs 2911.67 crore for the quarter ended March 31, 2013.
MRF (Madras Rubber Factory) is India’s No.1 tyre manufacturing company. Currently, the company exports tyres to over 65 countries including America, Europe, Middle East, Japan, and the Pacific region.