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MRF reports over 4-fold jump in Q2 consolidated net profit

03 Nov 2023 Evaluate

MRF has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported over 4-fold jump in its net profit at Rs 571.93 crore for the quarter under review as compared to Rs 123.99 crore for the same quarter in the previous year. Total income of the company increased by 6.24% at Rs 6,157.19 crore for Q2FY24 as compared Rs 5,795.35 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 586.66 crore for Q2FY24 as compared to Rs 129.86 crore for the same quarter in the previous year. Total income of the company increased by 6.51% at Rs 6,287.82 crore for Q2FY24 as compared Rs 5,903.38 crore for the corresponding quarter previous year.


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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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