MRF has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported over 5-fold jump in its net profit at Rs 581.45 crore for the quarter under review as compared to Rs 112.36 crore for the same quarter in the previous year. Total income of the company increased by 13.57% at Rs 6,397.16 crore for Q1FY24 as compared Rs 5,633.00 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 4-fold jump in net profit at Rs 588.75 crore for the first quarter ended June 30, 2023 as compared to Rs 123.60 crore for the same quarter in the previous year. Total income of the company increased by 13.69% at Rs 6,514.98 crore for Q1FY24 as compared Rs 5,730.37 crore for the corresponding quarter previous year.
