MRF has reported results for the first quarter ended June 30, 2020.
The company has reported a fall of 93.65% in its net profit from continuing operations at Rs 17.05 crore for the quarter under review as compared to net profit of Rs 268.52 crore for the same quarter in the previous year. Total income of the company decreased by 45.21% at Rs 2,473.61 crore for Q1FY21 as compared Rs 4,514.38 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 95.07% in its net profit from continuing operations at Rs 13.46 crore for the quarter under review as compared to net profit of Rs 273.27 crore for the same quarter in the previous year. Total income of the company decreased by 45.27% at Rs 2,504.63 crore for Q1FY21 as compared Rs 4,576.66 crore for the corresponding quarter previous year.
