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MRF - Quaterly Results

10 May 2022 Evaluate
The Revenue for the quarter ended  March 2022 of Rs. 52002.90 millions grew by 9.76 % from Rs. 47376.80 millions.Net profit of the cmpany stood at Rs. 1567.80 millions for the quarter ended March 2022 a decline of -50.58% from Rs. 3172.60 millions  in the same quarter last year.A decline of 5924.40 millions was observed in the OP in the quarter ended March 2022 from 8021.00 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 52002.90 47376.80 9.76 189895.10 159213.50 19.27 189895.10 159213.50 19.27
Other Income 649.10 565.30 14.82 3149.20 2072.30 51.97 3149.20 2072.30 51.97
PBIDT 5924.40 8021.00 -26.14 23275.80 31019.10 -24.96 23275.80 31019.10 -24.96
Interest 656.30 745.10 -11.92 2470.10 2647.20 -6.69 2470.10 2647.20 -6.69
PBDT 5268.10 7275.90 -27.60 20805.70 28371.90 -26.67 20805.70 28371.90 -26.67
Depreciation 3102.50 2969.70 4.47 12014.10 11369.20 5.67 12014.10 11369.20 5.67
PBT 2165.60 4306.20 -49.71 8791.60 17002.70 -48.29 8791.60 17002.70 -48.29
TAX 597.80 1133.60 -47.27 2318.20 4512.10 -48.62 2318.20 4512.10 -48.62
Deferred Tax 34.30 193.60 -82.28 98.70 -385.10 -125.63 98.70 -385.10 -125.63
PAT 1567.80 3172.60 -50.58 6473.40 12490.60 -48.17 6473.40 12490.60 -48.17
Equity 42.40 42.40 0.00 42.40 42.40 0.00 42.40 42.40 0.00
PBIDTM(%) 11.39 16.93 -32.71 12.26 19.48 -37.09 12.26 19.48 -37.09
Peers
Company Name CMP
MRF 124570.90
Apollo Tyres 405.95
JK Tyres & Inds. 355.25
Ceat 3433.10
Balkrishna Inds. 2198.45
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