MoneyWorks4Me

MRF reports 73% jump in FY11 consolidated net

30 Nov 2011 Evaluate

Tyre major MRF has reported 73.08% jump in consolidated net profit to Rs 618.77 crore for the year ended September 30, 2011. The company had reported consolidated net profit of Rs 357.50 crore in the year-ago period.

The consolidated net sales of the company for the year ending September 30, 2011 stood at Rs 9,743.98 crore, up by 30.64% as against Rs 7,458.73 crore in the corresponding period a year ago.

The company’s board has recommended a final dividend of Rs 19 per share.

Peers
Company Name CMP
MRF 124570.90
Apollo Tyres 405.95
JK Tyres & Inds. 355.25
Ceat 3433.10
Balkrishna Inds. 2198.45
View more..