MRF has reported results for fourth quarter and year ended March 31, 2022.
The company has reported a fall of 50.58% in its net profit at Rs 156.78 crore for the quarter under review as compared to Rs 317.26 crore for the same quarter in the previous year. However, total income of the company increased by 9.82% at Rs 5,265.20 crore for Q4FY22 as compared Rs 4,794.21 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 50.26% in its net profit at Rs 165.21 crore for the quarter under review as compared to Rs 332.15 crore for the same quarter in the previous year. However, total income of the company increased by 10.19% at Rs 5,370.83 crore for Q4FY22 as compared Rs 4,874.20 crore for the corresponding quarter previous year.
For the year ended March 31, 2022, the company has reported a fall of 48.17% in its net profit at Rs 647.34 crore as compared to Rs 1,249.06 crore for the previous year. Total income of the company increased by 19.69% at Rs 19,304.43 crore for year under review as compared to Rs 16,128.58 crore for year ended March 31, 2021.
For the year ended March 31, 2022, on the consolidated basis, the company has reported a fall of 47.60% in its net profit at Rs 669.24 crore as compared to Rs 1,277.07 crore for the previous year. Total income of the company increased by 19.91% at Rs 19,633.71 crore for year under review as compared to Rs 16,373.13 crore for year ended March 31, 2021.
