MRF has reported results for first quarter ended June 30, 2016.
The company has registered 2.38% jump in its net profit at Rs 490.93 crore for the quarter as compared to Rs 479.54 crore for the same quarter in the previous year. Total income of the company increased by 1.02% at Rs 3555.53 crore for quarter under review as compared to Rs 3519.80 crore for the quarter ended June 30, 2015.
MRF is India’s No.1 tyre manufacturing company. Currently, the company exports tyres to over 80 countries including America, Europe, Middle East, Japan, and the Pacific region. The overseas market contributes to 10-12% of the company's turnover at present.
