Skip to main content

MoneyWorks4Me

MRF reports 54% fall in Q2 consolidated net profit

09 Nov 2021 Evaluate

MRF has reported results for second quarter ended September 30, 2021.

The company has reported a fall of 54.50% in its net profit from continuing operation at Rs 183.38 crore for the quarter under review as compared to Rs 403.03 crore for the same quarter in the previous year. However, total income of the company increased by 16.30% at Rs 4,920.31 crore for Q2FY22 as compared Rs 4,230.63 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 53.99% in its net profit from continuing operation at Rs 189.06 crore for the quarter under review as compared to Rs 410.92 crore for the same quarter in the previous year. However, total income of the company increased by 16.50% at Rs 4,996.63 crore for Q2FY22 as compared Rs 4,289.08 crore for the corresponding quarter previous year.