MRF has reported results for third quarter ended December 31, 2015.
The company has reported 19.98% rise in its net profit at Rs 388.15 crore for the quarter ended December 31, 2015 as compared to Rs 323.51 crore for the same quarter in the previous year. However, total income of company decreased by 2.82% to Rs 3283.47 crore for the quarter under review from Rs 3378.63 crore for the corresponding quarter of the previous year.
MRF is involved in the manufacture of rubber products, such as tires, tubes, flaps, tread rubber and conveyor belt. Its tires include heavy duty truck tires, bus tires, light truck tires, passenger vehicle tires, motor sports tires, off the road tires, military service tires, and two and three wheeler tires, among others. It also provides paints, coats, toys and pretreads.
